Category Archive: 5) Global Macro

Dumping: when a firm floods a market with cheap goods to undercut the competition. Illustrated by our cartoonist KAL. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 Daily Watch: mind-stretching short films every day of the working week. For more from Economist Films visit: http://films.economist.com/ Check out The Economist’s full video catalogue: http://econ.st/20IehQk …

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Which Assets Are Most Likely to Survive the Inevitable “System Re-Set”?

2017-02-06

2017-02-06

Share of Gross Domestic Income: Compensation of employees,

Your skills, knowledge and and social capital will emerge unscathed on the other side of the re-set wormhole. Your financial assets held in centrally controlled institutions will not. Longtime correspondent C.A. recently asked a question every American household should be asking: which assets are most likely to survive the "system re-set" that is now inevitable?

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America’s embargo against Cuba | The Economist

2017-02-06

America imposed a full trade embargo against Cuba 55 years ago, in an attempt to crack Fidel Castro’s Communist regime. Antonio José Ponte, an exiled Cuban writer, and Aleida Guevara, the daughter of Che Guevara, reveal how the embargo shaped Havana’s revolutionary story. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 Fifty-five years …

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Emerging Markets: Week Ahead Preview

2017-02-06

2017-02-06

EM ended the week on a firm note, with markets digesting what they perceived as a dovish Fed bias. We disagree, and continue to believe that markets are underestimating the Fed’s capacity to tighten this year. EM FX could continue gaining some traction if the dollar correction continues, but we think US interest rates will ultimately move higher and put pressure on EM once again.

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The Central Banks Face Unwelcome Realities: Their Policies Boosted Wealth Inequality, Failed to Generate “Growth”

2017-02-05

2017-02-05

Rather than be seen to be further enriching the rich, I think central banks will start closing the "free money for financiers" spigots. Take a quick glance at these charts of the Federal Reserve balance sheet and bank credit in the U.S.

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India: The World’s Fastest Growing Large Economy?

2017-02-05

by Jayant Bhandari

2017-02-05

India GDP Annual Growth Rate 2008 - 2016

India has been the world’s favorite country for the last three years. It is believed to have superseded China as the world’s fastest growing large economy. India is expected to grow at 7.5%. Compare that to the mere 6.3% growth that China has “fallen” to.

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GoldSeek Radio – Feb 3, 2017 [CHARLES HUGH SMITH & JIM ROGERS] weekly

2017-02-04

GoldSeek Radio’s Chris Waltzek talks to Charles Hugh Smith from Of Two Minds http://www.oftwominds.com/blog.html and to Famed investor Jim Rogers http://www.jimrogers.com/ http://www.goldseek.com/ http://radio.goldseek.com/

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Emerging Markets: What has Changed

2017-02-04

2017-02-04

Philippine Environment Department suspended 5 mines and closed 21 after a nationwide audit. The Turkish central bank raised its end-2017 forecast from 6.5% to 8% due largely to the weak lira. Central Bank of Turkey finally got around to releasing the schedule of its MPC meetings this year. Fitch downgraded Turkey last Friday to sub-investment grade BB+, as expected. Allies of Brazil President Michel Temer now head up both houses of congress. Press...

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What Would a Labor-Centered Economy Look Like?

2017-02-04

2017-02-04

How about moving the power to create money from the apex of the pyramid down to its lowest level? Let's spend a moment deconstructing the word "capitalism." Note it contains the word Capital. So far so good. Obviously the key concept here is capital. So what is "capital"? It turns out there are multiple kinds of capital. The most familiar kinds are tangible: cash, orchards, factories, water rights, tools, and so on.

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Donald Trump’s tough phone call, as drawn by our cartoonist KAL

2017-02-03

America’s president Donald Trump and Australian Prime Minister Malcolm Turnbull have been facing questions about their “frank and forthright” phone call at the weekend. Our cartoonist, Kal, listens in to the next call on the president’s list. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 Daily Watch: mind-stretching short films every day of …

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GSR interviews CHARLES HUGH SMITH – Feb 2, 2017 Nugget

2017-02-03

GoldSeek Radio’s Chris Waltzek talks to Charles Hugh Smith from Of Two Minds http://www.oftwominds.com/blog.html http://www.goldseek.com/ http://radio.goldseek.com/

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Why Our System Is Broken: Cheap Credit Is King

2017-02-02

2017-02-02

You want to fix the economic system, reduce political bribery and reduce rising income inequality? Shut off the cheap unlimited credit spigot to banks, financiers and corporations. Cheap credit--newly issued money that can be borrowed at low rates of interest--is presented as the savior of our economic system, but in reality, it's why our system is broken.

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A new environmental idea to do away with waste | The Economist

2017-01-31

A project in the Philippines is turning decayed fishing nets into the raw materials for a carpet tile manufacturer in Britain, reusing rather than disposing of what was once thought of as rubbish. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 This is ground zero for new thinking on waste – beyond recycling …

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The Earth Circle: making environmentalism pay its way | The Economist

2017-01-31

Making waste a thing of the past, new ideas on the environment are reusing or regenerating raw materials so that they pay dividends for business as well as the planet. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 In one of the poorest areas of the world, a revolutionary project taking waste, the …

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A Supreme Court schism | The Economist

2017-01-31

Tonight America’s president Donald Trump will announce on primetime television his first nominee to the Supreme Court. Our word of the day presages the clashes that are set to follow. Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 Daily Watch: mind-stretching short films every day of the working week. For more from Economist …

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Why are the Baltic states so rattled?

2017-01-30

This week, soldiers from Germany and Belgium are settling into a new posting in Lithuania as part of the latest NATO troop deployment. Will their hosts—and the region—feel more secure as a result of their presence? Click here to subscribe to The Economist on YouTube: http://econ.trib.al/rWl91R7 NATO member countries Estonia, Latvia and Lithuania are feeling …

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Emerging Markets: Preview of the Week Ahead

2017-01-30

2017-01-30

EM was truly mixed last week, pulled in both directions by both idiosyncratic risks and global developments. MXN, BRL, and ZAR were the best performers on the week, while TRY, HUF, and RON were the worst. MXN gained despite signs that Trump will maintain a bellicose stance towards Mexico, but we think the peso remains vulnerable to further selling.

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Emerging Markets: What has Changed

2017-01-28