Credit Writedowns

While the credit expansion/savings reduction needs to continue to grow to support GDP growth, the credit expansion/savings reduction doesn’t need to ‘spike up’ proactively as it does when the fiscal tightening is proactive.

By Marc Chandler - This week, investors should brace for a re-escalation of tensions in Crimea and China - There are four sources of heightened tensions with the Crimean crisis - Weekend news from China played on fears that the yuan is…

By Win Thin and Ilan Solot The Crimean crisis threatens to escalate again this week. Russian forces in Crimea have been increased and they are consolidating their control of Crimea. This involves neutralizing Ukrainian bases in Crimea and…

My contention has been that the first two arrows of Abenomics gave the Japanese economy a short window to bring the Japanese labour market back to full employment, re-ignite wage gains, and institute structural reforms. In my view, Abe has…

News links for 10 Mar 2014

Here is a chart showing the number of transactions that involve acquisitions of an asset management business by year. It tells us about a couple of trends developing in recent years.

News links for 8 Mar 2014

Capital outflows from Russia seem to be picking up steam. These outflows - combined with the central bank's "weaker ruble" policies and the Ukrainian tensions - are all fueling the ruble sell-off. The ruble resumed its slide this week,…

Themes for today: The US faces political constraints in a cyclical downturn that will limit government response The US private surplus is under assault Europe is improving and upgrades to bank stocks are bullish The Fed tends to…

News links for 7 Mar 2014