Good EM, Bad EM
One good thing that emerged from the mini EM crisis that erupted in Jul, lasting into August is that markets have become more discerning over this whole EM business. The ensuing correction over… Continue reading
One good thing that emerged from the mini EM crisis that erupted in Jul, lasting into August is that markets have become more discerning over this whole EM business. The ensuing correction over… Continue reading
Contradictions are hard to bear. Median U.S. household income in 2012 is $51,017 a year, down from $51,100 in 2011 http://money.cnn.com/2013/09/17/news/economy/poverty-income/index.html vs The United States posted a fifth successive year of rises in… Continue reading
All the good work of the PMIs were wiped out by the Non Farm Payroll which fell short enough to unconvince about half the world that the Taper is imminent. “Fed watchers Jon… Continue reading
No fun watching the clash of the titans in our own backyard. Remember when I wrote that China is at war with Japan ? Well, the economists are starting to realise it from… Continue reading
I have concluded that my IQ cannot be too high. FT : People who like ‘curly fries’ having higher IQs – Facebook I cannot rejoice when countries are going bankrupt and bring myself… Continue reading