At a recent gathering at the Asia Society in New York, I highlighted several economic misconceptions related to China. Some of these have become so imbedded in investors’ thinking that…
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Posted in Global Economy
Tagged China, global economy, global investing
Anyone who is at all interested in any aspect of central banking has to be amazed by two developments across the G7 central banks. First, the appointment of Mark Carney…
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Posted in Global Economy
Tagged fiscal policy, global investing, Japan
2012 has been a philosophical winner for the China bears out there. When most forecasts for China’s 2012 gross domestic product (GDP) forecasts were being considered, reported GDP for the…
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Posted in Global Economy
Tagged China, GDP, global debt, global investing
One of the strongest convictions I have about the current state of economic affairs is that global growth is likely to remain low for quite some time. As a consequence,…
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Posted in Global Economy
Tagged consumption, emerging markets, Europe, exports, Fed, global growth
Compared to recent European Central Bank (ECB) press conferences, yesterday’s was rather uneventful. Nonetheless, one thing made a strong impression on me: while reading his prepared statement, ECB President Mario…
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Posted in Global Economy
Tagged Draghi, euro, European Central Bank, Eurozone