Economic Data

ECB President Draghi's support for a growth pact for Europe is important, perhaps under-appreciated by the market. This is not simply a tactic to deflect attention from the IMF's call that the ECB ease monetary policy further. The ever…

The jobless claims came out again today and the numbers were weak.

Today we look at the jobs recovery by various industries.

Recent events in Europe mark the beginning of the push back against German-led austerity, but it is even bigger as the IMF's call for the ECB to cut rates illustrates

The big US data today was in the housing markets as we got both the Case-Shiller and the housing starts numbers. Here's my take on the news.

A look at the fundamentals shows why Fernandez is engaging in such visible theatrics, which also includes recent vitriol regarding the Falkland Islands. Simply put, we think economic stresses are intensifying. How deep the stresses will get…

I have been saying that I expect German data to disappoint and come in on the softer side. Why? This post explains.

The concept of German decoupling from the Eurozone recession may have been wishful thinking. The latest German Manufacturing Purchasing Managers' Index (PMI) has converged with that of the Eurozone as a whole. Manufacturing PMI is a closely…

The string of developments has encouraged risk-off behavior. Equity markets are lower. Core bonds are higher. The high beta currencies, such as the freely traded emerging market currencies, the Australian and Canadian dollars, the euro,…

The Economist: "Over the past 30 years, China’s total fertility rate—the number of children a woman can expect to have during her lifetime—has fallen from 2.6, well above the rate needed to hold a population steady, to 1.56, well below that…