Tuesday, June 03, 2014

Plutonomy memos

I have posted a report about them earlier. Doug Henwood has an update and links to this Bank of America Merryl Lynch is 'comfortable with the thrust' of Piketty analysis. Earlier reports and the recent one seem to be by Ajay Kapur. In Doug Henwood's words "Business Insider has a write-up of a BoA Merrill Lynch report that declares that, the FT’s quibbles aside, Thomas Piketty is essentially right, and the super-rich is where the action is, so invest accordingly. "
A longer report in Huffington Post
More at Washington Center for Equitable Growth

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