Global Economic News and Analysis
Written by Steven Hansen [This post is loaded with sarcasm] A meteor coming towards the US East Coast is unlikely to stir up more headlines than the Fiscal Cliff – expiring tax cuts and forced spending cuts “destroying” America if Congress and the President cannot agree on taxation and spending. Per the Congressional Budget Office …
Continue reading “Visualizing the Fiscal Cliff As a Life Extinction Event”
Written by Stephen Swanson The outlook for the global economy and the US, in particular, darkened considerably this past week and occasioned many to write-down their estimates for US and global economic growth while global central bankers loosened monetary policy on the back of the Federal Reserve extending “Twist” in a seemingly coordinated attempt to …
Continue reading “Analyzing a Week That Was No Fourth of July Celebration”