Not just ‘complacency.’ Here’s why asset markets are so resilient when it
comes to energy shocks.
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Deutsche Bank strategist Henry Allen says markets and investors are right
not to overreact to the Iran war.
22 minutes ago



1 comment:
What makes the 1988 campaign so relevant today is that Obama and Romney are the first pair of presidential candidates since Bush and Dukakis who behave as if politics are beneath them. Watching Obama you have the sense that he would rather read a book or a stack of position papers than spend three days on a bus touring Iowa. Romney seems to have two styles as a candidate--stiff and wooden. Although their backgrounds are diametrically different, both Obama and Romney appear to wish that the keys to the Oval Office were awarded after acing an exam or honing an oral argument rather than mastering the messy populist rituals of the campaign trail.
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