international

The year got off on a much better foot than might have been expected, at least as far as global manufacturing is concerned. So the fall in global manufacturing has flattened out, even though the bounce back has more of a dead cat look about…

Clearly, economic policy is now far more complex than it appeared to be before the GFC. As we enter this Age of Deleveraging, the worst thing we can do is apply policies that appeared to work during the preceding Age of Leverage—but were in…

In the wake of today's extraordinary credit ratings action for the euro zone by Standard and Poor's, below are the rating agency's sovereign credit ratings.

Stephen Roach told Bloomberg television earlier today that he does not expect the recession in Europe to be severe. Therefore, he believes the impact on other economies, particularly in Asia that depends on Europe for external demand for…

My latest post at Credit Writedowns Pro on protecting wealth in a world of recurring crisis is now up. I outlined eight principal investing risks that I see for for 2012 and strategies to avoid those risks. At the same time, the thought you…

Great data from the BLS comparing hourly compensation for manufacturing. The second chart looks at the benefits component of the hourly cost.

Here is the list of so-called global systemically important financial institutions by country. Who’s missing in your view?

Great graphic from the Economist. Note that 7 of the 10 are government-run. Amazing WalMart employs almost as many as the People’s Liberation Army. Gives new meaning to the “Human Wave Theory.”

Reports that hedge funds, with almost no tolerance for short-term pain, have opened the biggest net short positions since early 2008 has driven a relatively low volume short covering rally. We even heard predictions of a 400 point drop…

Two charts showing the latest trends in markets around the world