Category Archive: Fiscal Cliff

Jan 03

Why averting the fiscal cliff isn’t such good news

Mr Market, the manic-depressive spirit of Wall Street, jumped for joy yesterday at the news that a last-minute deal had been cobbled together between the President and Congress to stop the United States falling off the fiscal cliff. But has anything fundamentally changed? No, it hasn’t. In fact, the last-minute deal, by simply putting off …

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Permanent link to this article: http://www.goldenguinea.com/why-averting-the-fiscal-cliff-isnt-such-good-news/

Dec 28

The International Economic Outlook for 2013

As 2012 draws to a close, the financial press is dominated by the impending US “fiscal cliff”.  What seems remarkable in this age of 24/7 rolling news is that the crisis seems to have crept up on us without warning. Yet it was completely foreseeable. What is even more remarkable is that I have yet to read …

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Permanent link to this article: http://www.goldenguinea.com/the-international-economic-outlook-for-2013/