Daniel Indiviglio is a Reuters Breakingviews columnist, based in Washington, where he covers the intersection of politics and business. He joined from The Atlantic, where he covered a similar beat, providing analysis on topics such as financial regulation, housing finance policy, the Treasury, and the Fed. He also wrote for Forbes. He is a 2011 Robert Novak Journalism Fellow through the Phillips Foundation. Prior to becoming a journalist, Dan spent several years working as an investment banker and a consultant for financial services firms. He holds a BA from Cornell University, where he triple majored in economics, philosophy and physics. Follow Dan on Twitter @indiviglio
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Dour days lie ahead for Americans, thanks in large part to Baby Boomers. The biggest generation, just beginning to leave the workforce, has saved even less than past groups and isn’t likely to reap more government benefits. Their relative penury will slow down GDP growth.
At least meteorologists can tell you if it rained yesterday. U.S. GDP forecasters can’t agree whether the 0.2 pct first stab at last quarter’s growth rate was right or wrong. There are too many hard-to-measure variables for any early number to be trusted. Caveat investor.
The new head honcho on the Senate panel that governs lenders is sponsoring a lumbering proposal to make recent reforms more manageable for many institutions. It’s not crazy, but little of it looks essential, either. One thing is clear: it’s not designed to help Wall Street a bit.
- Crumbling America demands smarter repair blueprint
- Boring is beautiful for U.S. employment
- Latest bank regulation attack looks wide of mark
- Trickle-down economics look all dried up
- Carly Fiorina undermines Republican business pitch
- U.S. watchdog's tame CEO pay rules may chomp back
- Blah U.S. growth nearly guarantees Fed rate delay