2011

What does it mean that disposable income was revised down all three years, yet the savings rate was revised down in 2009 and 2010? I think it means that people were under debt stress trying to maintain lifestyles once the technical recovery…

The job cuts are principally in the United States and Europe and the job hires are in the emerging markets. This is a significant shift away from the developed economies, which are mired in a debt crisis to areas of the world which are…

Ask Dr. Ellie: Everyday Health Q & A Part 3 tags: health Bank of Korea buys gold, first time since '97-'98 |…

Is the PBoC going to stop buying US treasuries? The debt ceiling debate and a potential default have brought this question back into the spotlight. The theoretical and the real world answer to concerns about China and US debt is the same:…

While the potential still exists for manufacturing to tick back up, the jobs picture and the fiscal and monetary backdrop are not supportive of this outcome. The inflation backdrop is the best part about this picture, with that subindex…

I have been arguing for a while that as long as the Chinese government retains its capacity to raise debt we are not going to see a sharp slowdown in economic growth – at least until 2013. Any indication that the economy is slowing too…

Despite the widespread view in the US that taxes are high, taxes in the US are relatively low both in the global and historical context. These two charts from the Globe & Mail make that plain.

After the US GDP revisions we saw on Friday, it is clear that the US economy is at stall speed. But globally, we are seeing a slowdown in Europe and emerging markets too, especially China. And the fact is monetary and fiscal policy are…

US leaders agree on budget deal, but House vote poses event risk ahead of August 2 deadline. Euro zone periphery benefits from improved market sentiment, but remains vulnerable. Equities and EM FX firm today on US news and stronger than…

Fact Sheet: Bipartisan Debt Deal | The White House tags: debt ceiling austerity fiscal China’s…