Category Archive: 5) Global Macro

Global Purchasing Manager Indices (outdated)

Manufacturing PMIs : most leading and important economic indicators.

Read More »

2013 Posts on Global Macro

12 14 13 – Macro Analytics – 2014 Themes w/ Charles Hugh Smith



Read More »

Emerging Markets and Global Oil Demand



Read More »

What Does It Take To Be Middle Class?

By standards of previous generations, the middle class has been stripmined of income, assets and purchasing power. What does it take to be middle class nowadays? A recent paper, The Distribution of Household Income and the Middle Class, used Census data to discuss what sort of income it takes to qualify as middle class, but reached no firm conclusion: people tend to self-report that they belong to the middle class based on income, but income is not...

Read More »

Japan Beats the United States in GDP Growth per Capita for Last Decade

GDP Growth per Capita in Developed Nations in the following order: Australia Sweden Germany Switzerland Netherlands Japan Canada United States France United Kingdom Ireland Spain Italy Greece

Read More »

Japan Beats the United States in GDP Growth per Capita for Last Decade

Mainstream economists speak of two Japanese lost decades(s) between 1990 and 2009.  Often the United States and the UK are seen as leader in growth. Some statistics might confirm this: When we look on a more subtle criteria, namely GDP growth per capita, available at the world bank, we see a different picture. China and … Continue reading...

Read More »

The Great Disinflation Continues, How Wonderful!

Recently investors moved out of bonds in the expectation that inflation will rise soon. But strangely inflation rates have continued to fall. The great disinflation continues.

Read More »

10 19 13 – Macro Analytics – DOW 20000? Part II Charles Hugh Smith



Read More »

Charles-Hugh- Smith- Nearly- Free- University

Prolific author and owner of the popular alternative financial blog “Of Two Minds” Charles Hugh Smith discusses his latest book “The Nearly Free University and the Emerging Economy”With the soaring cost of higher education, has the value a college degree been turned upside down? College tuition and fees are up 1000% since 1980. Half of …

Read More »

Charles Hugh Smith: The Nearly Free University

For full description and comments: http://www.peakprosperity.com/podcast/82941/charles-hugh-smith-nearly-free-university Our broken education model is ripe for creative disruption The cost of higher education has skyrocketed in recent decades. The average cost of tuition is up over 1,000% since the 1980s, far outstripping price inflation and most other goods and services. Yet despite the accelerated cost, the value of …

Read More »

Global Purchasing Manager Indices: Europe and China Recover while other Emerging Markets Still Struggle

Emerging markets: Years of strong increases in wages combined with tapering fears have taken its toll: Higher costs and lower investment capital available. EM Companies have issues in coping with developed economies. Some of them even need to shed jobs.

Read More »

The U.S. “Oil Trade Deficit” Narrows

The United States trade balance has strengthened to a deficit of only -34.2 bln USD in June 2013. This is nearly half the record-high trade deficit of 62 bln. $ in August 2008 and not too far from record-lows of 26 bln. $ in July 2009, when oil was really cheap. In the first six … Continue reading »

Read More »

Abenomics Succeeding? Don’t Believe the Mainstream Media, Just Energy and Import Prices Are Higher

  While the FT says: Abenomics is succeeding in bringing inflation back to Japan. The preferred core CPI measure, which excludes volatile food prices, rose a higher-than-anticipated 0.4 per cent in June (year-over-year), the highest reading since November 2008 and the first positive reading since April 2012. (The reading was flat in May). Overall inflation …

Read More »

Charles High Smith–Acquire New Skills Or Become A Mover 24.Jun.13

www.FinancialSurvivalNetwork.com presents Charles Hugh Smith and I discussed the increasing knowledge gap in America. If you aren’t in a position to make connecitons and network with people who can help you get ahead, then you must increase you skill set. In previous eras you could only acquire those skills in college. Now, however, you can …

Read More »

Democracies Like Bubbles, Totalitarian Regimes Hate Them

Totalitarian regimes, like China, fear bubbles and revolutions. Strangely, these regimes help to prevent asset bubbles, and the resulting unequal distribution of wealth between rich asset owners and the poor without assets. Today’s FT article shows how Chinese authorities fear the bubble and the revolution. China cash crunch deepens as PBOC withholds funding Short-term interbank …

Read More »

Will the China Bubble Bust? Pros and Cons

Economic experts and even rating agencies remain in dis-accord about the height of Chinese total debt and if this will continue to slow the Chinese economy.

Read More »

Has Abenomics Failed? Let us Go for Exchange Rate Targeting and Maintain Stability

Abenomics has failed It was doomed from the very beginning. You cannot create out of risk-averse Japanese risk-tolerating Americans. Public Japanese opinion puts enormous pressure on BoJ policy and on the government; the risks of rising  JGB yields are too high. Japanese hate volatility, the government cannot risk its funding. The emphasis on the word …

Read More »

The Cyclical and Exchange-Rate Induced Chinese Slowing

We believe in the Chinese economy, but it has just gone into a cyclical and a exchange-rate induced slowing. Any Cassandra views like recently by Charles Dumas, chief strategist of Lombard Research, but also some of Richard Koo’s earlier views, that there will be a burst of the Chinese housing bubble, are exaggerated. Markets Insight: …

Read More »

Abenomics: A USD/JPY Trade the Smart Money Banks on

Hedge funds worldwide have been counting on a rise and subsequent fall in USDJPY, and conditions remain intact for that to happen, though not to the extremes that many once expected.

Read More »