The US Presidential race heats up –18 months prior to election. I yearn for a more civilized process, like the U.K.’s — 2 months and done. Oh, and our morning train reads:
• US companies on course to return $1tn to shareholders in 2015 (FT) but see also BlackRock’s Chief, Laurence Fink, Urges Other C.E.O.s to Stop Being So Nice to Investors (NYT)
• The indomitable benchmarks! (Statistical Ideas)
• The Fed Can Be Patient About Raising Interest Rates (WSJ) see also Minneapolis Fed’s Kocherlakota: Fed Shouldn’t Raise Rates in 2015 (Real Time Economics)
• Taste. McDonald’s still doesn’t get it (Newsroom Delivery)
• 6 years into this economic expansion Wage Growth is still mssing (Bonddad) see also Why American wage growth is so lousy (Economist)
What's been said:
Discussions found on the web: