Global Economic News and Analysis
by Doug Short, Advisor Perspectives/dshort.com Despite an unseasonably cold winter that has dinged some economic indicators, the University of Michigan Consumer Sentiment final number for February came in at 81.6, a bit stronger than the 81.2 January final. Today’s reading fractionally beat the Investing.com forecast of 81.3. The index is off its 85.1 interim high set …
Continue reading “Final February 2014 Michigan Consumer Sentiment Modest Increase Despite Weather”
Written by Steven Hansen Our March 2014 Economic Forecast continues to show a growing economy – but the rate of growth now is declining. Many portions of our economic model are showing expansion, but several are now contracting. There may be a weather component involved in some of the data.
Written by Doug Short and Steven Hansen The February 2014 Conference Board Consumer Confidence Index declined. The market expected this index to come in at 78.0 to 82.0 (consensus 80.1) versus the 78.1 reported.
Who Let the Gini Out? Searching for Sources of Inequality by Davide Furceri and Prakash Loungani, Voxeu.org Income inequality has been growing in many economies over the past two decades, and it is currently historically high. This column adds two new contributors to the popular explanations of increased inequality. Fiscal consolidations, especially those following the …
Continue reading “Seeking Truth of Inequality through Gini’s Way”
by Doug Short, Advisor Perspectives/dshort.com The University of Michigan Consumer Sentiment preliminary number for February came in at 81.2, unchanged from the January final. Today’s reading was slightly above the Investing.com forecast of 80.6. The index is off its 85.1 interim high set in July of last year.