crisis

Marc Faber appeared on Bloomberg Television yesterday to discuss the Chinese economy. While Faber generally seems to be a long-term bull on China, he had some disquieting things to say about the extent of malinvestment in China due to the…

US data have been better European periphery market access continues to improve Dollar weakness may be China-related Gold continues to get safe haven bid China’s slowing more likely to be abrupt Ukraine has become a military issue;…

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…

Business lending in the Eurozone is very poor - flat in the major core countries and falling in the periphery. There is a desperate need to ease credit conditions for SMEs in periphery countries. The slight easing of interest rates on…

Today’s links carry a widely-diverging set of opinions about the moral issues surrounding the situation in Ukraine. But since this is a finance site, I want to discuss the economic issues. I continue to believe the Ukrainian situation will…

By Michael Pettis I don’t often make reference to these kinds of things in my blog, but Saturday’s terrorist attack in the Kunming train station – in which 29 innocent people were hacked to death (the toll was especially high among the…

By Claus Vistesen ... China! At least this is the conclusion from some fascinating number crunching from JPMorgan's Flow & Liquidity team in their report last week. I had a feeling that this was the case looking at the surge in…

The conflict in Ukraine is first and foremost about the violent overthrow of a corrupt regime that was not increasing living standards. But now that Ukraine has appealed to the west, it has become much more about Russia’s sphere of…

By Win Thin A little history lesson about Ukraine and Crimea may help put recent developments into better perspective. What emerges is a very clear understanding of why both Russia and Ukraine feel that they each have historical precedent…

Themes for today Emerging market political risk is now front and center. US data suggests consumption growth is vulnerable to poor wage trends. The European periphery banks are benefitting from lower sovereign yields. The potential…