Larry's Blog
Ask Your Doctor TV Ads
March 29, 2017
Few issues have proven more contentious in the U.S. political debate than health care. Because of a quirk of history, America alone relies on employers to arrange deals and pay for a significant share of the health care bill. The fault lines in the health care debate are over breadth of coverage, its cost, the proper […] More
Central Bank Watch
Bank of Thailand
March 29, 2017
Thailand’s Monetary Policy Committee retained a 1.5% policy interest rate yet again. It’s been at this low level since 25-basis point cuts in March and April of 2015. Six other 25-bp reductions were implemented earlier from November 2011 through March 2014. A released statement justified a continuing need for a very accommodative stance despite an improved […] More
New Overnight Developments Abroad - Daily Update
Brexit Dye is Cast
March 29, 2017
British Prime Minister has signed a letter informing EU governments that Article 50 is being invoked today. This starts a 2-year period of negotiations on the terms for the U.K. leaving the European Union, which will happen on March 29, 2019. Sterling is down just 0.1% against the dollar. The Ftse has lost 0.2% today, […] More
