150 Teaching Minds In many ways this remark is as dumb as her early remarks. Why do I think this? Because it makes it clear that she hasn’t a clue, and doesn’t really care, about causation. And, this is exactly the problem with Sarah Palin’s remarks to Katie Couric as well: C...
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To compare the United States’ performance and leadership to Mexico’s, Japan’s and China’s is particularly ill-timed. Trump might be stuck in a 1980s time warp on Japan. When his “The Art of the Deal” was published in 1987, Americans were envious of Japan’s brilliant leaders, who...
Chart 78: What do you believe will be the structure of the payments industry in 5-7 years? 80% 60% 40% 20% 0% Dominated by large Controlled by large Controlled bysavvy Dominated by dynamic incumbent payment incumbent institutions tech companies eco-system of savvy brands en...
interesting that the first known reference to communication satellites was in a 1945 science-fiction story by the British author, Arthur C. Clarke.” It took the team only six months to design and build the satellite, which was launched in December 1958 by an Atlas rocket that we...
HOW AMERICA LOST ITS SECRETS | | Epst_9780451494566_2p_all_rtzindd 1 ® 929N6 5:51 Pa | | HOUSE_OVERSIGHT_019479
ALSO BY EDWARD JAY EPSTEIN The Annals of Unsolved Crime Three Days in May: Sex, Surveillance, and DSK The Hollywood Economist: The Hidden Financial Reality Behind the Movies The Big Picture: The New Logic of Money and Power in Hollywood Dossier: The Secret History of Armand Ha...
3 risks — reality vs hope, higher yields, politics The biggest risk to our view is that actual US fiscal easing turns out to be minimal. But we believe the USD/JPY’s move will be quicker than whatever reality emerges in coming months. China’s unexpected RMB devaluation or any ex...
Analyst Certification |, Benjamin Bowler, hereby certify that the views expressed in this research report accurately reflect my personal views about the subject securities and issuers. | also certify that no part of my compensation was, is, or will be, directly or indirectly, re...
1) Upturn in inventory cycle: Defensives—Cyclicals We expect cyclicals to outperform defensives, premised on our end-2017 $/¥ estimate of ¥120, and this is supported by our above-consensus economic growth outlook. Our Japan economist sees a shift to fiscal easing, firms counteri...
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“Obviously, neither a corpse nor a 4-year-old can provide consent, but if you leave permission in your will for your lonesome spouse or significant other to have one last fling with your mortal coil, shouldn’ t the state of California respect your wishes?” “| still think that or...
exclusion of any “member of the Nazi Party or an active supporter of Nazi militarism,” but the Joint Intelligence Objectives Agency created false employment and political biographies to circumvent Truman’ s command. Those scientists were then granted security clearance and infil...
Some people experience God speaking directly to them in an easy relationship. Others do not. As aresult of my involvement with the Templeton group, I decided to carry out some quantitative and experimental work to see whether we could figure out the differences between those who...
Chart 76: Biggest risks to investing in a tech-based lending companies 40% 32% 32% 29% 30% 20% 10% 0% No sustainable Untested credit Fragile funding model Uncertain regulatory competitive advantage model/risk backdrop management Source: BofA Merrill Lynch Global Research = P...
2017: a good year for domestic demand Policy tailwinds are only one pillar of our call for Japan’s outperformance in 2017. We also believe the stars are aligning for an organic improvement in domestic demand, which would support the current recovery: the economy is firing on all...