Pulse


Seminar in Chicago: “The Vital Role of Director Training in Japan’s Corporate Governance Reforms”

The Board Director Training Institute of Japan (BDTI) is a government-certified nonprofit providing one-day “director training” courses in English and Japanese, and governance-related seminars and e-learning courses. These programs teach participants key knowledge needed to serve on, report to, or analyze boards in Japan.

The Economic Outlook for the Election and Beyond, and How Who Wins Could Change It

With nine weeks to go, the economic conditions for the election are set — modest growth, low inflation, and continuing job gains. A few Wall Street forecasters rate the odds of a 2016 recession at one-in-three; but unless a major shock wrenches the economy off its present course, bet with Janet Yellen and Ben Bernanke on the economic expansion continuing into next year.

Free Lunch: Where did all the productivity go? - My Comment

Here is my comment on Martin Sandbu's  Free Lunch: Where did all the productivity go? And what would it take to make it grow again?

Advice and Consent

My FinTech conversations this week have focused on the newer end of the ecosystem. An upcoming profile will feature a firm that provides bitcoin ATMs targeted at the unbanked so they can send money at lower fees than traditional transfers.

Another conversation with a financial planner concerned how he is working as a coach and trusted advisor, making more on his advice than on transactions. Given the rise of roboadvisors in the wealth management sector, it's a good move.

Sorry, Donald – The Incomes of Minority Households Grow More under Democrats than under Republicans

Donald Trump says that Democrats have failed American minorities, so let’s test his claim by the most basic economic criteria: What happened to the incomes of African Americans and Hispanics under Democratic and Republican administrations over the last 35 years? The data do not lie. The incomes of minority households — and in most cases the incomes of white households, too — grow faster under Democratic administrations than under GOP ones.

The FinTech Balancing Act

Michael Green: Why I oppose Donald Trump

We’ll be resuming with our September issue after Labor Day. Hope you’ve been having a good summer.

This is an advanced copy of  an interview with Michael Green that will be in the issue. Michael Green, a former member of the George W. Bush National Security Council, explains why he is opposing Donald Trump and endorsing Hillary Clinton.

EconVue Weekly Spotlight

All eyes are on Jackson Hole and the annual Kansas City Fed Economic Symposium. BOJ Governor Kuroda’s appearance on a panel on Saturday could be just as interesting as Fed Chair Yellen’s speech on Friday morning. Global central bankers who have made long flights and several connections in order to get to Jackson Hole are bound to be discussing the US election outlook with as much fervor as monetary theory. Some will wonder if Janet Yellen will attend next year.

The Big Lift: Improving Public Health Exchanges

Bring out the Xanax. Anxiety among Obamacare supporters is skyrocketing. The bad news just keeps coming. Aetna has joined UnitedHealthcare and Humana in announcing plans to exit almost all public marketplaces. Remaining health insurers are increasing rates by double-digit margins: most over 20%; some over 40%.
 

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