article thumbnail

China: House Divided | AIER

CFO News Room

There have been claims that China’s enormous economic growth and widely shared prosperity are the result of turning to capitalism. I have come to think of it in terms of concentric circles, each smaller than, and fully contained in, the larger category. I think this is not true; China is not capitalist.

article thumbnail

Weekly Initial Claims for Unemployment Benefits Ticked Up but Remain Very Low – AIER

CFO News Room

The number of ongoing claims for state unemployment programs totaled 1.960 million for the week ending November 27, a rise of 403,147 from the prior week (see second chart). The gain was concentrated in the Pandemic Unemployment Assistance program and the Pandemic Emergency UC program, which accounted for 93,338 of the 107,674.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Promises Not Kept – AIER

CFO News Room

As is always the case, a certain number of ineligible companies— many of them publicly traded — got large loans approved before many other firms could even get access to a bank in order to apply. Adam Millsap makes that same point about state and local economic development programs for instance. Source link.

Economics 130
article thumbnail

Europe’s Next Refugee Crisis – WSJ

CFO News Room

Poland clashed with the EU over a deal that would spread arrivals, who largely came from the Middle East and Africa and had concentrated in Greece and Italy, around the Continent. Estimates vary and are complicated by the number of seasonal workers, but more than a million Ukrainians already are in the country of 38 million.

article thumbnail

Treasury professionals: The hardest-to-manage risks

Future CFO

Cybersecurity risks, cited by 50% of respondents, remain the number one most challenging risk for treasury professionals to manage. The primary reasons cited for these plans were fears of recession and uncertainty in the economic environment (59% of respondents) and inflationary pressures (58%).

article thumbnail

New FDI rules in the Benelux: a brief analysis from a Law and Economics perspective

Corporate Finance Lab

As important as these practical implications are, the tightening of FDI rules also raises more theoretical questions, that is, from a Law and Economics perspective. One reason is that Belgian and Dutch companies are typically characterised by a highly concentrated (family) shareholder structure. Available at [link]. [3]

article thumbnail

Round Trip

Barry Ritholtz

Recall John Kenneth Galbraith’s observation: “The only function of economic forecasting is to make astrology look respectable.” Tech Concentration : Yes, a handful of giant tech stocks are driving market gains. Some folks who are more familiar with the numbers than I have suggested it will not be pretty.