We’re staring at our drunk uncle Sam. We have lost faith that he could ever break the habit. So we don’t even ask any more. We just try to get along, accepting “reality”.
Felix Martin discusses Flash Boys by the American financial writer Michael Lewis, which examines high-frequency trading (HFT).
While current storms will weigh upon February’s statistics, Q2 growth could now hit 4 per cent and US rates could move significantly higher along the curve.
Compared to Ryan's budgets, Cameron's coalition looks positively profligate.
Despite the apparently inexorable rise of China, the United States remains by far the world’s largest national economy, a position it has held since the 1890s. The US GDP of $15.1trn accounts for over 19 per cent of gross world product by purchasing power parity.