As the Chinese government continues to “rebalance” their economy towards domestic consumption and investors demonstrate nervousness over a credit bubble, emerging Asian equities appear to offer attractive valuations.
Diverging growth and monetary policy dynamics lowers the likelihood of overheating and could carry the current global expansion into becoming one of the largest on record.
Economic recovery remains slower in Europe than in the U.S., causing renewed discussion around the European Central Bank’s options to try and jumpstart the Eurozone economy.
As the Eurozone’s economic recovery stutters to a halt, investors are turning to the United States for growth.
Second quarter earnings have been really good, the reach for yield might be cooling down and the market is crying wolf.
The bull market in US stocks has been very resilient so far.
Just in time to follow up on yesterday’s post regarding economic participation and the structural/cyclical debate in macroeconomics, a new report from the White House says about 33% of the decline in the labor-force participation rate is due to structural factors — “the factors beyond aging and cyclicality.” The Washington Post has two theories to […]
Basically, every macroeconomic debate these days boils down to: “Is this time different? Is this change structural (here to stay) or cyclical (will revert)?” For example, here is the chief economist of Trulia arguing that “homeownership among young adults is both on the rise and not too far off from where demographics say it should […]