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Andrew Smithers

Andrew Smithers

Contributor since: 26 Feb 2010

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Biography

Andrew Smithers, founder of Smithers & Co., is also columnist for London's Evening Standard and the Tokyo Nikkei Kinnyu Shimbon's Market Eye, and is regularly quoted in the New York Times, Barron's, Forbes, The Economist, The Independent, and the Financial Times.

  • Mutual Benefit

    Published 04 February 2003 | viewed 3,276 times

    The weakness of the world's economy is neither unusual nor necessarily very serious. Recessions, and a speedy recovery from them, are normal. The worry today…

  • Japan Needs Aggressive Monetary Change

    Published 28 January 2003 | viewed 3,311 times

    The Bank of Japan's Governor, Masaru Hayami, retires in March. He has opposed the use of monetary policy to encourage economic recovery. A change in…

  • US Dividend Taxes

    Published 22 January 2003 | viewed 3,765 times

    The US government proposes to cut the taxes paid on dividends. The motive for the change differs from the reasons given. As the motive is…

  • U S Fiscal Policy May Lower The Dollar

    Published 15 January 2003 | viewed 3,646 times

    Last week I wrote about the dubious argument that the dollar needs to be weak because it is fundamentally over-valued. This does not of course…

  • Is the Dollar Being Libelled?

    Published 08 January 2003 | viewed 3,652 times

    It's almost unanimous that the dollar is over-valued. The strength of the conviction is matched by the weakness of the argument. The argument is based…

  • Housing

    Published 27 November 2002 | viewed 3,822 times

    Economists respond too readily to the market. There is a huge demand for "point" forecasts about what will happen next year and economists supply them.…

  • Investors Should Not Aid Investment Banks

    Published 21 November 2002 | viewed 3,475 times

    Recently, there have been some calls in the City for companies to pay higher dividends. Under the old system of Advanced Corporation Tax ("ACT") this…

  • The Burden of Past Error

    Published 11 November 2002 | viewed 3,188 times

    Worldwide the economic news is worrying. Finance Ministers and central bankers remain loath to admit it. They resemble underperforming fund managers who insist that it's…

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