Send in the economists

COMMENT

clock

Back in August 2011 I quoted these lines from Sondheim's A Little Night Music, apropos the raising of the debt ceiling in the US, which we thought was the height of farce at the time.

“Don’t you love farce? My fault, I fear. I thought that you’d want what      I want. Sorry, my dear, But where are the clowns? There ought to be clowns. Quick, send in the clowns. Don’t bother they’re here” It turned out to be a ‘little light music’ compared to the sequestration dance we are going through now. The gravy train that poses as the Electoral College in the States is rigged to make it near impossible for anyone other than the Democrat or GOP nominee to get into the White House. Ron Paul was on the ballot paper but he knew third place was as good as it would get....

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

JPMAM's Karen Ward: Political uncertainty in markets has been replaced with 'policy uncertainty'

JPMAM's Karen Ward: Political uncertainty in markets has been replaced with 'policy uncertainty'

Same number of unknowns in 2025

Eve Maddock-Jones
clock 22 November 2024 • 4 min read
Stories of the Week: Fund groups record weaker net sales; ISA reform 'under review'; Ballie Gifford withdraws from climate initiatives

stories-fund-record-weaker-net-retail-sales-isa-reform-review-ballie-gifford-withdraws-climate-initiatives

Funds, ISAs and climate initiatives: The biggest stories from the world of investment and asset management this week

clock 22 November 2024 • 1 min read
Partner Insight: The attractions of the small-mid private equity segment

Partner Insight: The attractions of the small-mid private equity segment

New empirical research from Schroders Capital reveals that small and mid-sized private equity funds have outperformed large funds with greater resilience through economic cycles

Viswanathan Parameswar, Eufemiano Fuentes Perez and Verity Howells at Schroders
clock 19 November 2024 • 4 min read
Trustpilot