The Week That Was 20 October 2012

Written by Stephen Swanson Much economic data was published this past week and the scope of the releases was sufficiently broad as to allow inferences to be drawn as to how most sectors of the economy are performing even though the picture remains mottled and messy. Economic cross currents arising from anemic domestic growth, slowing …

Global Growth is Slowing and China is the Wild Card

Written by Stephen Swanson Over the past two weeks a spate of manufacturing PMI and confidence surveys and have been released for many developed and emerging market economies, offering an insight into the depth and breadth of what is often referred to as a synchronized, global economic slowdown. It’s beyond the scope of this note …

The Week That Was, 29 September 2012

by Stephen Swanson We enjoyed a week very rich in US economic data releases covering most sectors of the economy including final revisions to estimates for second quarter growth in GDP and readings on industrial production, business investment, residential investment, consumer confidence and consumer incomes and spending. We’ll review the releases and see if we …

Out of the Garden of Europe and into the World Economy

by Macrotides Monetary policy is a bit like watering a garden. Its nourishment is intended to foster growth and jobs, and when in full bloom, a rising standard of living for the majority of people in society. A functioning spigot (central bank) and nozzle at the end of the hose (banking system) are needed for …

Is Decoupling Possible in a Global Economy?

by Macrotides An improvement in U.S. economic data in the fourth quarter has convinced many investment strategists that the U.S. will continue to grow 2% to 3% in 2012, absent a Lehman Brothers type of crisis in Europe.  After all, U.S. GDP growth likely exceeded 3% in the fourth quarter, while Europe was slipping into …