Hints and tips:
...The US bill also showed the way to cut emissions. The old idea of taxing carbon was economically correct but politically wrong. People wouldn’t vote to consume less....
...And earlier this week, M&G Investments’ Eric Lonergan predicted that the second euro crisis has now started....
...Bill Hwang’s Archegos misfired in large part because of leverage. His bets were overly concentrated, leaving him stranded when one stock tumbled....
...: Edward Cooper, Norwich R Winter, Worthing; Kate Lloyd-Williams, Somerset Polymath 1,027: Christina Dyall, Chadwell Heath Crossword 16,194: Ross Casley, California; Stephen Payne, Cornwall; Iolanthe Lonergan...
...Mr Lonergan argues this can be expanded and tied to conditions that in effect would transfer the subsidy to individuals....
...Eric Lonergan is a macro hedge fund manager at M&G Investments in London...
...Another problem is that ultra-low interest rates keep inefficient companies in business as they can more easily cover their interest bills....
...Going, going, go… Theresa May has abandoned the publication of the updated Withdrawal Agreement Bill due on Friday and is just about clinging to power. For a few more hours at least....
...- Why does Bill Murray have no friends? - Further, further reading....
...Let us suppose now that one day a helicopter flies over this community and drops an additional $1,000 in bills from the sky, which is, of course, hastily collected by members of the community....
...johnkay@johnkay.com Letterd in response to this column: Helicopter money can generate other problems / From William Dixon Helicopter drops are straightforward / From Eric Lonergan...
...“While we are convinced Fyffes would have been a strong merger partner, we will now go forward as competitors,” said Edward Lonergan, Chiquita’s chief executive....
...Eric Lonergan, M&G Investments, London EC4, UK...
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