It’s time to take another look at the recent developments in China’s equity markets as major indices hover near the highs we haven’t seen since 2008.
Janet Yellen gave yet another speech, this time in her home base of San Francisco. Here it is! 260150092-Yellen-Speech-March-27 In short, she said … nothing. The Fed may raise rates or they may not. And they don’t know when. To conclude, let me emphasize that in determining when to initially increase its target range for […]
The most important number in today’s GDP revisions for Q4 was $16.20 trillion. That’s the annualized constant dollar (2009 $) value of final sales during the quarter and, naturally, it was not mentioned in any of the media reports. But its important because the final sales figures strains out the noise of quarterly inventory fluctuations, and thereby provides a reasonable benchmark for where…
The new Budget is based on average oil price of USD50 pb, with expected GDP growth of -3% against inflation of 12.2% and USD/RUB exchange rate of RUB61.5.
I’ve written plenty about the markets over the past six months since I started growing the correction beard. But I regularly get questions related to one post or the other that I’ve already answered somewhere else. So I thought I’d try to write a more comprehensive view aggregating much of what I’ve written over that time […]
the share of global debt that is trading at negative yields has now risen to 8% of the total debt outstanding.
when Citi unleashed its thuggish senior officers to attack Hunt they hit her like a log hits a buzz saw.