Increases in China’s labor costs due to its thriving economy mean that the era of cheap Chinese manufacturing may be ending. However, I believe Mexico, which has lagged China in…
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Posted in Global Economy
Tagged China, currency, Mexico
I have been saying for some time now that import price inflation is something investors should be mindful about. The general trend over time of a depreciating dollar could lead…
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Posted in U.S. Policy & Politics
Tagged Bernanke, currency, Federal Reserve, inflation, purchasing power
Yesterday, the Federal Open Market Committee (FOMC) undertook extremely aggressive policy decisions. Not only has it committed to expanding the Fed’s balance sheet until the labor market strengthens “substantially”; it…
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Posted in Global Economy
Tagged currency, euro, Fed, QE3
Recent news from Australia may provide more evidence that what happens in Beijing is being felt across the globe. In this case, I believe that slowing demand for commodities in…
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There’s a joke going around that you may have heard, but you may not have heard why it’s funny. The joke goes, “A Greek, an Italian, and a Spaniard walk…
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Posted in Global Economy
Tagged currency, euro, Europe debt crisis, Eurozone, fiscal policy, Germany, Greece