Mario mounted the mantel. Perched precipitously. And stared into the mirror. “Would you tell me please, which way I ought to go?” he asked his curious reflection. “That depends a good deal on where you want to go,” replied Cheshire cat, from within the Looking-Glass. “I don’t much care, so long as I get somewhere,” said Draghi, rather surprised. And Cheshire grinned slyly, luring the world’s first major central banke
Hope all goes well… “Here with the kiddies for the paddle-out, crying,” texted Mara. I paused, in Times Square, opened the photos. Thousands headed into the Pacific, with their surfboards. At sunset. Carrying flowers. To honor the slain UC Santa Barbara kids. The surfers formed a vast circle. Tossed flowers into the middle. And sang in sad celebration of the young lives. Lost. Overall: “The focus should be on minimum
“The focus should be on minimum government but maximum governance,” announced Narenda Modi, a fierce Hindu Nationalist, born the low-caste son of a tea stall owner. India’s 15th Prime Minister presides over the 1st parliamentary majority in 25yrs, paving the way for red-tape reform. Of course, India is the great hope for a planet starved of growth. For the next decade, 1mm Indians will join the workforce each and eve
“The Fed is desperate to raise rates,” said the macro CIO, having another great year. It’s become his habit. “I don’t think any of those guys really understand what creates inflation; they dogmatically cling to the idea that the Philips Cure drives price changes,” he continued, amazed, appalled. “Any freshman year statistics student knows there’s no statistical relationship between unemployment and inflation.” Of cou