international

I have had a lot of other things on my plate and haven't been able to write as regularly as I would like. But I am going to try to increase the volume of posts by putting out more quick hits like this one that capture my macro view without…

I have been writing about the global growth slowdown for the better part of a year now. All around, there is economic weakness and more limited policy space to counteract it. And the problem here is that there is no one to do any heavy…

Much like the US manufacturing index, the global manufacturing index has hit three year lows. The numbers indicate a contraction in global manufacturing activity, with the JPMorgan Global Manufacturing PMI now below 50% at 48.9% for June…

This post is a brief outline in bullet points of my macro view of the global financial crisis both in terms of cause and effect and prediction. My goal here is to help me crystallize what the real issues are and how they are likely to play…

The economic data today from a number of different corners has been poor. In Asia, Europe and the US, manufacturing data point to continued slowdown. In the US, weak jobs numbers do as well. It has been clear for some time that growth was…

John Hussman's latest weekly letter contained a very nice chart on the trend for GDP growth in the largest developed economies. The data show a high degree of correlation over the past ten years.

This daily commentary is a bronze level post. Today, my comments go to warning signs in the economic data about the global economy slowing down. Lots of links on this topic as well.

The G20 will meet in Mexico this weekend. There seems to be three key issues: IMF funding, replacement for Zoellick, who will step down as head of the World Bank, and the oil shock. It is unlikely that any of these issues are resolved at…