2017

We are now three months into 2017 and we can look back on 2016 as a fairly good year economically for the US. So given that backdrop, was it right to worry about a recession in 2016? And what does that say about 2017? Here’s my view below.

The composite picture I am getting shows the US economy still in that 2%ish channel it has been in for some time. This is lower than certainly President Trump wants and it is also lower than growth levels at cyclical peaks in the past. But…

Today’s news coverage is non-stop Brexit. And this is a big event. But it is the political implications which matter; the economic impact will be more muted.

Increased delinquencies in the auto sector will spell trouble given the high LTVs of loans and lower credit scores of borrowers. And I am troubled by the OCC’s depiction of the commercial real estate sector; we could see heavy loan losses…

It is tragic that this ‘liquor and women’ quote is the discussion dominating headlines as the EU celebrates the 60th anniversary of the signing of the Treaty of Rome.

Overall, the figures tell us the US employment picture is the best it has been since the Great Recession.

Last week, I wrote how the Labour Party in the Netherlands suffered a historic defeat in parliamentary elections because voters questioned their priorities - and how this is emblematic of Western social democratic parties everywhere. And as…

Yesterday, Ally Financial warned that profits would underperform expectations. Now, they dd not say that profits would fall or that they were taking credit writedowns. Neverthless, the warning is an important marker and should be of grave…

British Prime Minister Theresa May will trigger her country’s exit from the EU on 29 March, a spokesperson for the Prime Minister has confirmed. Afterwards, the clock will be ticking, as the UK will have two years to wind up any…

On Wednesday night, the Dutch elections saw the two parties in the governing coalition lose 37 of the 79 seats they now hold between them. That's a massive defeat frankly. Yet, the Prime Minister's party is spinning this as a win. And for…