Credit Writedowns

There hasn’t been inflation in the economy since the early 1980s. It collapsed with the end of the Soviet Union and with the rise of China as a supplier for consumer goods.

While the month-to-month numbers were ordinary, the trend for the past few months is down.

Economic data coming out of the United States continue to show a robust consumer-led expansion. The latest consumer credit report showed the largest monthly gain since November 2001, with outstanding consumer credit rising by $27.95…

When you look at what the US has gone through over the last decade, in terms of the job market, what stands out is the total decimation of jobs during the Great Financial Crisis. But something else stands out too — and that’s demographics.

You don’t get the same level of job growth after eight years of an economic upturn as you do after one. And this is borne out by the statistics.

I’ve looked at Ian Bremmer's list of potential geopolitical crisis triggers and the one that stands out for me is North Korea. And so I want to use the bombing of Kosovo as a historical precedent to explain what could be driving US…

The investment climate is being shaped by two powerful forces.  First is the very accommodative policy stance.  In addition to the accommodative monetary policy, fiscal policy is also supportive. 

The US Labor Department released a very ho-hum jobs report this morning, showing the unemployment rate in line with expectations at 4.1%, but with the economy only adding 148,000, below the 190,000 expected. Overall, the report provided no…

Italy's election has the potential for some surprises. The Five Star Movement, which is polling first in surveys, has pledged a referendum on the euro if Brussels does not change its fiscal rules. Berlusoni's Forza Italia and Salvini's…

The Wall Street Journal has a piece out about wage rates in the tightest urban markets like Minneapolis. And what they found is that wages rates in these markets is beginning to rise. That doesn't mean inflation will rise. However, it does…