Comment, analysis and other offerings from Thursday’s FT,
John Gapper: The case for a Glass-Steagall ‘lite’
Since, by common consent, we are immersed in the worst financial crisis since 1929, it is not surprising some of the old remedies are being considered again. More baffling is how quickly one of them is being dismissed.
Editorial comment: Get down to earth
Airlines are experiencing what they would no doubt call turbulence. The downturn causes companies to economise on flights, tourists to stay at home and cargo volumes to drop.
Lex on the return of inflation
Rising inflation expectations, rather than deflation, is the new fear. Warren Buffett – the man who said the US economy had “fallen off a cliff” – believes inflation could return to 1970s levels
David Pilling: N Korea is more Confucian cult than rogue state
Seeing North Korea less as Upper Volta with nukes and more as Branch Davidians with nukes may not seem all that comforting, especially if one remembers how the Waco siege of 1993 ended.
Lombard: Why Barclays’ board can’t expect to survive unscathed
The prognosis that Barclays will survive without the need for government assistance and/or further shareholder support is hard to believe.
John Authers: Short view on China
Last week, world stock markets staged a brief rally on hopes from China. This week, they have rallied in spite of China.
Interactive graphics: How the FTSE is faring
Ranking the FTSE 100 constituents in order of change in dividend yield, showing rising yields, on average, among companies that have reported.