2013

Last year, I started off the newsletter with a list of ten surprises for 2012 which I reviewed last month. I apologize for not having a similar list of ten surprises for 2013 yet. I think it is a good exercise to go through to hone one's…

News Links for 11 February 2013

As the winter storm pounded the north eastern United States on Friday, gasoline futures hit another high. The March delivery contract broke $3.06, indicating that retail prices for fuel will be going up.

Brazilian central bank's highly accommodative policy in the past year and the recent weakness in the Brazilian real has helped boost growth.

News links for 8 February 2013

Trade data for the US, Germany, Japan and China were released earlier today. While the US, Germany and China had robust export growth that caused their surpluses to swell, Japan's numbers showed weakness despite the recent drop in the value…

The much-touted European banking union, designed to separate country and banking risk seen as the nexus around which the sovereign debt crisis has moved, looks weak.

In the links this morning, I linked to a Handelsblatt interview with the head of Austria's social democratic EU parliamentarians. The overall gist of his comments were that he believed the EU budget was 'catastrophic' because it was in…

The US trade figures for Q4 2012 came out this morning and they surprised analysts by showing a trade deficit that shrank 21% to $38.5 billion in December. According to Bloomberg News this was a lower deficit than any of 73 economists…

News links for 8 February 2013