Back in the Saddle Again Echoes Congress Pace
M Ray Perryman compares a weekend Davis Mountains scout trip to Congress with a slow budget process. He notes partisan dysfunction, conference committees and pork barreling, urging a new trail in fiscal policy. Perryman is president of Perryman Consultants Inc and SME at SMU Cox.
MENTIONED IN THIS ARTICLE
Davis Mountains
Bryan
Blake
Meredith
Comet
Congress
Senate
House
White House
Potomac
M. Ray Perryman
Perryman Consultants Inc
Edwin L. Cox School of Business
Southern Methodist University
Americans Face High Price If Savings Sink Economy
U S savings lag as Americans spend heavily on consumer goods and leases. With 4.1 percent of after tax income saved, compared with Japan at 16 percent and Germany at 11.4 percent, the nation risks slower growth, higher debt, and fewer future gains. Experts warn of seed-corn erosion and weaker long term output.
MENTIONED IN THIS ARTICLE
U.S
Gary Robbins
Saving slows growth as deficits squeeze economy
Economists Mark Zandi and James Poterba warn that low household saving rates limit growth and link to government deficits. The result is economic expansion slowed from two sides, with real household incomes stagnant for two decades.
MENTIONED IN THIS ARTICLE
Mark Zandi
Regional Financial Associates
West Chester
James Poterba
Massachusetts Institute of Technology
Traders link to networks slash trade time on Wall Street
Traders connect to networks that feed news and prices using automated order-entry systems. Average trade time falls from six minutes to 30 seconds as info and technology accelerate decisions. Experts note faster markets punish delays and reward rapid signal processing.
MENTIONED IN THIS ARTICLE
Devine
Wall Street
New York
Jeve Joachim
Merrill’s
Equity
Joachim
Technology reshapes markets as traders power trade by computer
The piece argues that electronic trading has shifted power to individual market players and banks, transforming how currencies and securities are bought and sold. It notes faster information, deregulation, and the rise of derivatives, with cases like Barings and Orange County illustrating risks, while stressing oversight and experienced judgment remain essential.
MENTIONED IN THIS ARTICLE
Federal Reserve
London
Tokyo
Fed
Washington
U.S
Citicorp
Walter Winston
Rose Garden
Bostian
Mexico
Point A
Nick Leeson
Barings PLC
Britain
Wall Street
Orange County
Robert Citron
California
Phillip Vasan
New York
CS First Boston
Kurtzman
Jeff Duncan
Edward Markey
D-Mass
House
Also Mentioned on This Page
Vision of Congress
New Heights
Ray Blum
Philadelphia
Blum
France
Germany
The
Philadelphia Inquirer
Knight-Ridder Tribune
Archie Tse
Exchange Commission
Winston and
Morgan Stanley
Muller
Roy D. Belk
Certified Public Accountant
N. Lee
Odessa, Tx
IRA
Ernest Lynch & Associates
E. 42Nd
Ernest C. Lynch
C.L.A. Chartered Financial Consultant
Philadelphia Life Asset Planning Co
Market Street
Southwest Financial Service
Andrews
Odessa
Texas
John Arrick
E. 11Th St
Edward D. Jones & Co
New York Stock Exchange, Inc
Securities Investor Protection Corporation
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