Danielle DiMartino Booth

Not surprisingly, the rule of law is increasingly in focus. Prime Minister Theresa May has vowed to make life much more difficult for suspected foreign terrorists: “If human rights laws stop us from doing that, then we will change those laws.” All of England takes to the polls tomorrow to vote on this issue and Brexit nearly one year on. May’s Conservatives still look to win out when the last ballot is counted, but her party’s lead has nevertheless narrowed since she took office last June...

Danielle DiMartino Booth

Are we permanently insulated as a society? Shortly after the worst of the initial Greek drama had played out, over a lunch with Richard Fisher, I asked him what he feared most for our economy, for our country. His answer startled me – that he sensed our own economic inequality had the power to open up similar divisions on America’s streets...

Danielle DiMartino Booth

We’ve become comfortably numb as a nation of debtors. Sadly, most of our leaders encourage our corporations’, government’s and households’ indebted internment. They’ve been told by those tasked with safeguarding our economy that debt is good. So they follow the Federal Reserve’s script to a tee...

Danielle DiMartino Booth

It’s hard to believe, but it’s been over a year since Germany’s top banking regulator warned that negative interest rates were a “seeping poison” infecting Germany’s financial system. Such was the pressure exerted on German life insurers, “a handful” had been put on death watch, as in they might be forced to wind down by 2018...

Danielle DiMartino Booth

Things sure are heating up out there and I do not refer to the Spring weather setting in, infusing our Vitamin D-deprived souls with a much-needed happy booster. It’s quite the opposite, I’m afraid to say. As temperatures are rising, it seems tensions are as well, especially inside that special place called the Beltway. You would never know it by peering down the Walls of the Street. All is well. Why, you may be asking, are markets so insolently insouciant? Let us count the reasons why...

Danielle DiMartino Booth

I spend an inordinate amount of time pondering the potential outcome of public pensions in this country. My buddies managing municipal bonds chide me for wasting my mental energies on doom and gloom scenarios that will never come to pass. But for the life of me, I just can’t square the circle. I understand that when you sum every state and municipalities’ revenues and obligations, we might be OK. But that’s not how state and municipal laws work. Marrying them all together implies storm clouds are forming over Washington DC...

By | May, 3, 2017|Categories: Articles, Featured|Tags: , , , , , |0 Comments

Danielle DiMartino Booth

What role should the Federal Reserve play? That of shepherd of the dollar’s buying power alone, nix the employment mandate that’s triggered mission creep? Or should policymakers continue to stab away at maximizing employment at the expense of future bouts of financial stability, you know, for the greater good, because the private sector can’t or won’t?

Danielle DiMartino Booth

As pendulums go, the current swing to the ostensibly wealthy far edges is one for the ages, the Gilded Ages. Gorgeous old mansions are being razed en masse to make way for zero-lot-line mortgaged monstrosities. Driving a Porsche is no longer a sufficient statement. And vacations to destinations with no butler service all but invite pity...

By | April, 20, 2017|Categories: Articles, Featured|Tags: , , , , |0 Comments