Strategy radar 2012_0831 Theme: US fiscal cliff vs Corporate Earnings + GOP convention

Key highlights this week: the sell of ING Bank’s Canada business leaves ING Direct in Australia the last wholly owned bank of ING Direct outside Europe, Harvey Norman reports a 31% net profit fall and highlights some weaknesses in its model. On the political front: IR dispute and changes in the Carbon package announce challenges ahead.

As the US Republican convention just closed and Bernanke gave his annual speech at Jackson Hole (debrief next week), our snapshot looks at the looming US fiscal cliff and the disconnect with outperforming US corporate earnings, before concluding with an unlikely piece of wisdom learnt from Clint Eastwood’s unorthodox skit at the Republican convention.

As per usual, the media articles are curated in Pearltrees:


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