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Bullish bears and the worst-case scenario

We do love us some sell-side honesty here at FT Alphville: Having been a sell-side analyst for a decade, I can tell you that “owning” the low published estimate on First Call or Bloomberg isn’t easy....

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Still missing: faster NGDP growth, or expectations thereof

We already discussed at length the evolving and (yet again) disappointing relationship between jobs and profits growth, along with the not-so-anomalous-in-context swings in productivity growth these...

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How information technology is shrinking the pie

An essential read from Martin Wolf this Thursday on the manner in which corporate surpluses are contributing to the savings glut problem and causing all sorts of distributive chaos in the process. So,...

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