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This issue of trade around the world is a contentious one. Currently there is a currency war and it is all about trade. Exporting countries want to make their currency less valuable so that they can … read more »
Once a month the LEI number is reported and this week for August there was a fall to -.2% from July’s +.5%. This report is made up of 10 different leading indicators and is supposed to provide … read more »
The European Union taken as a whole is flirting with recession and has been doing so for years. The European Central Bank has pushed negative interest rates, implemented strong QE measures, extending … read more »
It is widely believed that the miracle of growth in China was spurred by massive spending on infrastructure. That is not the case says a new study put out by Oxford University. They point out that … read more »