2014

News links for 18 Apr 2014

I have been saying for some time now that I believe peak growth in this US business cycle was Q3 2013. Nevertheless, I want to explore the possibility that growth will accelerate from here, something that could keep stock prices and other…

For Obama, Standoff With Moscow Jumbles Plans at Home and Abroad - WSJ.com ECB hardliner Weidmann comes in from the cold as deflation threatens | Reuters Weibo, a Chinese Answer to Twitter, Prices Its Offering at $17 - NYTimes.com -…

Continuing where I left off yesterday, it’s clear that the global economy is growing now. We see growth in the US, Europe, Japan, and in emerging markets. Economic growth is the norm, not the exception. And over the longer term, markets…

News links for 16 Apr 2014

My macro view for most of the global economy is upbeat. My only downbeat views concern deceleration of growth in emerging markets and froth in capital markets. But in the main, market and economic momentum is up and to the right. The…

News links for 15 Apr 2014

The big news in the markets today is the standoff in eastern Ukraine between pro-Russian armed rebels and the Ukrainian military. This has European markets selling off. The potential for problems in eastern Ukraine is something we should…

News links for 14 Apr 2014

Sober Look's received a number of e-mails regarding the recent post on the possibility that rising CAPEX spending in the US is driving corporations to tap their credit facilities, thus increasing loan growth. Most were highly critical of…