Capital Institute Blog

Jobs.  Depending on how you count, the challenge is 7 to 10 million net new jobs in the United States over the next 5 years or so from a current base of about 130 million.  A five to seven percent increase, the sooner the better.  Here’s how. First, we need to break the challenge down into two pieces:  emergency triage,…

I recall when JPMorgan lost its AAA rating.  Those of us working there a long time felt the gloom of losing our specialness.  The rating agencies were right — the truth hurt.  Egos were stung.  And they were late, as they almost always are. No different with the downgrade of US Sovereign debt.  Any rational, objective observer must conclude “too

Matt Taibbi’s “The People vs. Goldman Sachs” which appeared in Rolling Stone this week is a good and damning piece.  In his latest attack on Goldman (“the Vampire Squid”), Taibbi likens the scathing 650 page bipartisan Levin-Coburn report on

“The fact is that no compound growth is sustainable.  If we maintain our desperate focus on growth, we will run out of everything and crash.  We must substitute qualitative growth for quantitative growth.”  –  Jeremy Grantham, GMO Quarterly Letter That sounds like something you’ve heard before at Capital Institute!   But

I’m not following the trial of hedge fund manager Raj (“King”) Rajaratnam very closely, and I have no unique insight into the case other than what I read in the press.  To me, the wiretap evidence incriminating “the king” appears overwhelming.  The defense’s strategy suggesting it was all “public information” is insulting to common sense, much less to market professionals.…