Word: strategist
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Dates: during 2000-2009
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...board for the levy to be effective. Investment banks wouldn't likely leave Britain for cheaper foreign currency-trading in Macedonia, but they might well if that opportunity was in Manhattan. Advanced economies imposing the tax unilaterally "would see their financial markets decimated," Howard Wheeldon, senior strategist at BGC Partners in London, wrote in a note to clients on Monday. (See 25 people to blame for the financial crisis...
...public option. It was Reid who made the risky call to put a version of the public option in the bill that he will be taking to the Senate floor. "He's telling everybody, 'Leave Joe Lieberman alone. I'll handle him. I know Joe,' " says a Democratic strategist who has been part of those conversations...
...interesting dynamic here is that you used to be penalized by the public for not being civil," says Republican strategist John Feehery, who worked for former House Speaker Dennis Hastert. "Now it's almost glorified." We still don't know whether this sort of fly-by-night notoriety of rhetorical bombast is sustainable or just diverting. In 2008, Bachmann had to battle for her seat after saying on MSNBC's Hardball that Barack Obama "may have anti-American views." And Grayson must defend a Republican-leaning district next to Disney World that he won by just 13,364 votes. Republicans...
...value against a basket of major currencies, including the euro and yen, has fallen about 15% from a three-year high reached in March and is now hovering near a 14-month low. Economists and analysts expect the dollar to lose a lot more ground. Daisuke Uno, chief strategist at Japan's banking giant Sumitomo Mitsui, believes the Japanese currency could strengthen to 50 yen to a dollar by 2011 (from around 90 today) due to continued weakness in the U.S. economy. Harvard historian Niall Ferguson says the dollar could slide by as much as 20% on a trade-weighted...
...gold to India's central bank for $6.7 billion. News of the purchase sent gold prices to an all-time high. The move was widely seen as part of an effort by central banks around the world to diversify their extensive U.S. dollar holdings. Steven Englander, chief U.S. currency strategist at Barclays Capital in New York City, figures that in the second quarter, dollars accounted for only 37% of new reserves accumulated by central banks worldwide. That's the lowest proportion on record for any quarter during which reserves increased significantly. At a time when many central banks are boosting...