Beyond the Pale

Age of Wisdom, Age of Foolishness (18) Written by Adam Whitehead, KeySignals.com The Elephant in the European Living Room Last week the United Nations was the stage for numerous politically correct speeches, from urbane Western diplomats, ostracizing President Putin in an attempt to place him “beyond the Pale” of 21st Century civilised politics. President Putin’s …

Sayonara Abenomics

by Pebblewriter, Pebblewriter.com Those who have followed this blog for any length of time know about our focus on the Japanese economy and the yen. I presented this chart in December, which shows the impact on stocks of the last three USDJPY reversals off a trend line (or top of a channel, depending on how …

March 2014 Economic Forecast: A Whiff of Economic Deceleration

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.

Clarifying the Debate about Deflation Concerns

by Mickey Levy, Voxeu.org A popular view among economic commentators is that rich countries face a serious risk of deflation, and should adopt aggressive macroeconomic stimulus policies to ward it off. This column argues that despite similar headline inflation rates, the US, Europe, and Japan in fact face very different macroeconomic conditions. In the US, …

Seeking Truth of Inequality through Gini’s Way

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 …