Tagged with economy

How America’s next generation was outclassed

A RECENT FEATURE that ran in the Los Angeles Times told the story of the increase in street vendors who have set up shop selling soaps and perfumes, flowers or hot dogs. No longer is this the territory of recent immigrants but rather the increasing domain of America’s former middle classes – you know, those people … Continue reading

The Kings of Economic Analysis

IT IS 7:55 AM ON A SUNNY TUESDAY IN JUNE and all’s quiet at Econometrix Treasury Management (ETM), the real-time independent financial market analysts whose commentary South African traders consume daily in massive quantity. It’s library-quiet here, all except for the clatter of keyboards that are being furiously manned by four analysts with furrowed brows, … Continue reading