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JAN 01.27.2017 ECONOMICS: US PERSPECTIVES NATIONAL DEFENSE: IS ANOTHER SPENDING BOOM ON THE HORIZON? + Joseph G. Carson, US Economist and Director—Global Economic Research, [email protected] President Trump has promised to increase defense spending—and there’s support from...
Article 6. The Diplomat Getting to the Endgame With Iran Robert Dreyfuss February 6, 2013 -- Why did it take so long to secure a date for talks between Iran and the P5+1? After all, in the weeks before the presidential election in November, it was reported that the United St...
Article 4. NYT Does Foreign Policy Matter? Roger Cohen June 16, 2011— Perhaps foreign policy doesn’t matter in U.S. elections. President George H.W. Bush orchestrated a peaceful unwinding of the Cold War that united Germany within the West. A Europe divided became whole and fr...
32 HERE IS the dilemma. Yes, a social contract of sorts exists between these citizens and their regimes: in return for impressive economic- growth rates the people agree to forego their desire to replace their leaders. (Truly, East Asian autocracies have not robbed people of the...
30 movements in the latter part of June in Hong Kong. CIA Deputy Director Morell would go no further than to state that during that period he had no doubt the intelligence services of Russia and China “had an enormous interest in him and the information he [Snowden] had stolen.”...
2017 OUTLOOK Dear Clients, Readers of our previous Outlook publications may recall that this page typically summarizes the key themes of our economic and financial market prospects for the coming year. However, for 2017 we decided that a brief overview would not suffice, given...
From: Larry Summers Sent: 12/22/2018 12:52:50 PM To: J [[email protected]] Subject: Re: Importance: High Of course. Who knows whether I'm serious? Not at this moment me. Will trump crack into insanity? Sent from my iPhone Please direct all scheduling inquiries to my office at...
From: jeffrey E. [[email protected]] Sent: 5/9/2018 10:57:12 AM To: Steve Bannon Subject: ny times freudian Having shed or sidelined some of the top advisers who held him back in the past, Mr. Trump gives the appearance of a leader liberated at last to follow the china-brea...
GUID: C748 Message: Sender: EEOB-A9EC-471F-90DD-BESE5B15111 Gl fe Or China :[email protected] Time: 06/11/19 06:26:17 PM (581995577) Flags: 1085445 ITs Read: No Is Invitation: No GUID: 5SF7FE426-694B-4B8F-AACE-67137511D82C Message: 18th century mumbo jumbo referred...
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misbehavior” that defies simple analysis. You can’t predict where you might be attacked by merely looking at the possible holes in each piece. Rather, it’s the whole system that breeds risks. It acts in ways that the designer could not have predicted in advance. “Clearly the syst...
expectations. The divergence between inflation breakevens and real yields seem to suggest that investors have become more concerned about upside risk to inflation but downside risk to growth. Interestingly, this shift in investor sentiment runs counter to incoming data which are...
Private equity Prefer small-/mid-cap buyouts in US/emerging markets; UBS View distressed debt in Europe ¢ Global M&A volume has continued its downward trend since Q4 2010, falling by -20% quarter-by-quarter in Q3 2012, with a drastic decline in Europe of -46%, the third lowest q...
Cullen/Frost Bankers Inc (CFR) To arrive at our $74 price objective, we employed a three-factor valuation methodology that incorporates target P/E, target P/TBV and a DCF model. For our P/E valuation, we apply a 15x earnings multiple on CFR's 2017E core earnings. For our P/TBV v...