LaVorgna is a hack who has spent his career on Wall Street preaching fairytales
about the economy as a means of assisting the snakeoil salesmen at his bank in their efforts to stuff as much high - commission junk into investor accounts as possible.
Now, however, the reverse is occurring. Because of a narrow, perverse political calculation, Conservatives have decided that it is to their advantage for Canadians to be as worried
about the economy as possible. And so they are actively playing up the risks. The call to Poloz was part of that strategy:  Things must be bad. Why, the Prime Minister even had to call the central bank governor!
Aristotle and Berry both warn against this dangerous monetary abstraction, but there is nothing new to this insight, and while Berry speaks truthfully
about economy as oikonomike, he assumes that piety alone will prevent economic aggrandizement from becoming simple money making.
We get a win on growth not by making arguments
about the economy as a whole but by crafting a series of bespoke policy offers sector by sector.
But the Thirty tells me more
about the economy as a whole, and about its corporations.
What
about the economy as a whole?
Good comment Investors are only as entitled to complain
about the economy as sailors are about storms on the ocean.
Not exact matches
So entrenched is this marketing gimmick that Trade Minister François - Philippe Champagne now talks
about Canada
as a gateway to more than 1 billion people, a figure he derives from adding the populations of North America and the European Union, another big, rich
economy with which Canada enjoys preferential access
as of earlier this month.
If she were to write the Democrats» autopsy for 2016 - and she'll have a hand in it
as one of the newly elected co-chairs of the House Democrats» policy and messaging arm - she says her message would be to «not only talk
about jobs and the
economy, but do something
about it.»
And
as a small business owner, you're likely concerned
about a looming Congressional impasse, which could knock the wind out of the
economy's momentum — shaving the country's economic output and your sales figures in the process.
In the on - demand
economy, that means the cleaning services, such
as Handy and Homejoy (both of which are already being sued), probably have the most to worry
about.
Weakness in the global
economy and concern
about the uneasiness of markets,
as well
as uncertainty
about many lushly - priced private companies known
as unicorns, drove the markdown, investment experts said.
Prime Minister Stephen Harper kicked off the 2015 Federal Election on Sunday morning, framing the campaign to come
as a choice
about the fiscal stewardship of Canada's government and
economy overall.
DoubleLine Capital CEO Jeffrey Gundlach speaks to CNBC's Scott Wapner on the sidelines of the Sohn Conference
about his best new investment ideas, his outlook for markets and the
economy,
as well
as the rising interest rate environment.
Pretty much from his first statements
as governor in 2013 — that's
about $ 100,000 ago in real estate appreciation terms — through to last week when the bank released its latest financial system review, Poloz has walked a tightrope between admitting that elevated house prices and debt levels pose a risk to the
economy, and assuring Canadians that the likelihood of a crash is actually pretty low.
After earning a reputation
as a gifted debater in parliament, Fernandez and CUP's radical rhetoric have struck a note with pro-independence Catalans who are angry
about the languishing
economy and firm in their belief that Catalonia does not get back what it pays in taxes to Madrid.
The IMF predicts the global
economy will expand 3.5 % in 2015 —
about the same
as last year, but dramatically slower than the 5 % rates that preceded the financial crisis.
U.S. retail sales figures may well determine how Wall Street opens —
as well
as worries
about Europe's debt crisis, concerns over the U.S.
economy have also been behind the recent turmoil in markets.
There's something very prideful
about wanting to build our own world - beating businesses and not wanting to be a simple branch - plant
economy, but in a globalized era there are many roadblocks — such
as access to the big bucks needed for expansion — to doing so.
According to its study, «
As higher income consumers feel more confident
about the
economy, many will choose to dine out or buy fresh food to cook at home.
Should entrepreneurs focus solely on growing their business or also be concerned
about social causes such
as sustainability, women's empowerment, equality or the local
economy?
As retailers nationwide reported a brisk jump in November sales and optimism
about the holiday season, Reed said on Thursday that the gears of the U.S.
economy seemed to have finally meshed.
«If it's described
as an attack on the
economy, it suggests that there's not a discussion
about what might need to change in terms of monetary and fiscal policy,» he said.
But
as the
economy has turned tougher, I changed my mind
about that — along with making a number of other business and personal financial decisions that should strengthen our ability to withstand whatever problems may occur.»
While Canada's
economy as a whole struggles to move forward — GDP growth is expected to hit around 2.3 % this year — the country's fourth most populous province will grow at
about 3.7 %, according to the Royal Bank of Canada.
Traditional answers often focus on various sectors and involve more or less hand - wringing
about their rise and fall, but according to the author of a forthcoming book on entrepreneurship and
economy, there is another, better way to view our
economy —
as one single ecosystem, a sort of one - sector
economy that interacts
as a unit much like a forest and which should be nurtured
as it grows and recycles itself.
Even
as corporate earnings continue to soar and big companies appear to be very profitable, I've remained cautiously optimistic
about the
economy, because the SurePayroll Small Business Scorecard data doesn't reveal the uptick in hiring we've wanted to see.
The world
economy is «
about as good
as it gets,» the 56 - year - old American said, pushing back against fears that rising trade protectionism could hurt globally diversified businesses like SAP.
«You know I think the way we deal with the tax bill is by being honest
about it, saying across time the very significant tax reductions for groups and parts of our
economy that really weren't needed will hurt the fiscal condition of the country and put us in a bad position
as it relates to other priorities we have,» Delaney said.
Smith, one of the great philosophers of the Scottish Enlightenment, wasn't the first to speculate
about how
economies work, but he's generally thought of
as the guy who more or less got it right.
As increasingly fast - paced change grips our
economy and society, it's clear that it's time for unions to think
about doing things in a new way.
As the United States and China inch closer to a full - fledged trade war, economists and investors worry
about worst - case scenarios that could impact the global
economy — and America.
The
economy and just
about everything else doesn't have
as much to do with the Dow
as people think.
Meanwhile, a National Federation of Independent Business's report found that despite the anemic
economy, business owners across the U.S. are cautiously optimistic
about their future
as well.
President Donald Trump is shaking up trade policy just
as he promised, with one exception: the part
about the «better deal» for the American
economy.
It has become a ritual during the State of the Union address each January:
As President Obama talks about small business as «the foundation of our economy,» the cameras pan to Michelle Obam
As President Obama talks
about small business
as «the foundation of our economy,» the cameras pan to Michelle Obam
as «the foundation of our
economy,» the cameras pan to Michelle Obama.
The softer reading, especially slower export orders, adds to concerns
about an expected loss of momentum in the world's second - largest
economy,
as policymakers navigate debt risks and a heated trade row with the U.S.
Ms. Duggan has an unbelievably captivating and gripping magnetism
about her that became more and more apparent
as we talked
about philanthropy, the artist, business, the
economy, Trump, entrepreneurs and her new Museum opening over dinner.
Starting in 2017, Alberta will apply a $ 20 - a-tonne price on carbon emissions that will cover
about 90 per cent of the
economy, including essentials such
as gasoline and home heating fuel.
A significant portion of the TSC hearing focused on Haldane's now famous Fish comment,
as well
as broader issues with economic forecasting — something that has come to the fore in the UK since economists were almost unanimously wrong in their predictions
about the immediate impact of Brexit on the British
economy.
CNBC's Eunice Yoon reports on comments from Chinese President Xi Jinping
about opening up the country's
economy as trade war fears swirl.
And though most believe the devaluation will be good for the
economy overall,
about half expect it to affect their spending habits in areas such
as cross-border shopping.
But «when you're talking
about small, medium enterprises, there's a little less pressure — the government doesn't see that
as having any way to shape the
economy, or cause issues with policy,» he said.
The front - month contract slipped for a second straight month in October on ample crude supply and worries
about lower fuel demand
as the global
economy slows.
Yura: I was interested in hearing what the president had to say
about the fiscal cliff and more importantly, his stance on small business and how we are going to continue to grow small business
as it is such a huge part of our
economy.
«There are the doubts on Trump — which is causing a sense of befuddlement among international investors
about the dollar
as the ultimate store of value and America's place in the global
economy — and there is a growing sense of unease
about the
economy's ongoing resilience.
During a Saturday session at the symposium, such a slump in expectations
about inflation and
about other aspects of the
economy was cited
as a central problem complicating central banks» efforts to reach inflation targets and dimming prospects in Japan and Europe.
«
As the on - demand
economy creates exciting opportunities and unleashes innovation, it's also raising hard questions
about workplace protections and what a good job will look like in the future.»
Thrown into the mix
as well have been calls for a full - blown policy overhaul, and a suspicion that the
economy may be stuck in a rut with little anyone can do
about it.
Pessimism continues to linger
about the global
economy as stocks have slumped 13 % from their highs last year, the Post notes.