President Obama’s Essay on Economic Policy after the Election: “The Way Ahead”

The Economist “The Way Ahead” – President Barack Obama.   Much of the protectionist mood in the US is driven by anti-immigrant sentiment and a resurgence in nativism “How has a country that has benefited—perhaps more than any other—from immigration, … Continued

Cumulative Bond and Equity Fund Flows Since 1996

Reposted here from zerohedge is a stunning chart of cumulative flows to bond and equity funds since 1996.  It shows that total fund flows into equity funds are negative over the last 16 years.  Considering that US households have saved $5.4T over this … Continued