All Is Not Wells
While the $185 million fine issued to Wells Fargo will not bankrupt the lender, the breakdown in compliance and ethics leaves the company morally bankrupt.
The Gig Economy
The rise of the gig economy is attracting headlines in the US and beyond. But providing gig workers with the benefits awarded to full-time employees is becoming an increasing concern for policymakers.
Optimists have a tendency to hail the notion of boundlessness as well as the absence of limits. Unfortunately in reality, constraints and limits do exist – sometimes this is good and other times less so.
There are two broad themes impacting investors globally at present; hysteresis and uncertainty. Arguably there is a third background theme of financial repression, but if we focus on the two main themes of hysteresis and uncertainty and deal with the latter first.
Demographic Retirement Bomb
The dangers posed by ageing populations rank alongside climate change as one of the gravest challenges facing humankind. And the impact of the demographic time bomb will hit retirees especially hard.
Big Not So Beautiful
Big bucks, big bonuses, big margins, big deals, big egos… big is good on Wall Street.
Or so it used to be.
Fiduciary Standard – Mass Market Lockout?
Could new regulations in the US see mass market investors struggle to access financial advice?
A Hit To The Trust Bank
Any marketing or management executive will tell you that customer intimacy is hard to gain and easy to lose.
Trumping the Markets
The US presidential election, a political juggernaut like no other, has become a day-time TV freak show – playing to the lowest common denominator of populist politics.
While you were out drinking and indulging over the holidays…I was (mostly) working. My travels took to me to London, Paris, St. Moritz and Venice, all of which are terrific …