Ron Rimkus, CFA, is Director of Economics & Alternative Assets at CFA Institute, where he writes about economics, monetary policy, currencies, global macro, behavioral finance, fixed income and alternative investments, such as gold and bitcoin (among other things). Previously, he served as SVP and Director of Large-cap Equity Products for BB&T Asset Management, where he led a team of research analysts, 300 regional portfolio managers, client service specialists, and marketing staff. He also served as a Senior Vice President and Lead Portfolio Manager of large-cap equity products at Mesirow Financial. Rimkus earned a BA degree in economics from Brown University and his MBA from the Anderson School of Management at UCLA. Topical Expertise:Alternative Investments · Economics
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Japanese negotiators are trying to persuade the US to forgo increased tariffs on vehicles made in Japan as they work toward bilateral trade talks. President Donald Trump and Japanese Prime Minister Shinzo Abe might make a joint announcement on the issue Wednesday. Nikkei Asian Review (Japan) (tiered subscription model) (25 Sep.)
Midtier European banks want their US operations to enjoy the same relaxed rules US banks face under changes to the Dodd-Frank Act. Otherwise, US banks' foreign operations could face retaliation. Financial Times (subscription required) (25 Sep.)
French President Emmanuel Macron has proposed large tax cuts to reverse a slowdown in the economy and a decline in his approval ratings. The biggest beneficiaries of the cuts would be employers. Politico (25 Sep.)
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