Barclays is beginning its cycle of slashing jobs, Chief Executive Officer C.S. Venkatakrishnan was probably relieved to be speaking about something else. Headline comments from Monday ICYMI:
- ‘We are near the end’ of the Fed’s monetary actions
- Underlying economic
trends in the US are healing
And, on the UK:
- UK economy is ‘some
months behind’ the US
—
ps. We’ll get some substantial info out of the UK on Tuesday, jobs data for July: