Central Banks vs. Rates

Central Banks vs. Rates

Not perhaps as good a riddle as Golem asked Bilbo on their first meeting, but try this brain tickler: In July 2016, there were four. In June 2016, there were 10. Since 2008, there have been 673! What are they? If you guessed central bank rate cuts, you are on the...
Who Is Growing Fastest?

Who Is Growing Fastest?

WHICH COUNTRY IS GROWING FASTEST – HAS THE WORLD’S FASTEST GROWING ECONOMY? We all know China’s growth is slowing. Last week, China’s Vice-Premier Zhang Gaoli indicated the country is on pace to match its growth target of 6.5 percent to 7.0 percent for...
Change Is The Only Constant

Change Is The Only Constant

Change Is the Only Constant America’s share of the global economy is potent. Our country accounts for 16 percent (after being adjusted for currency differences) of the world’s gross domestic product (GDP) and 12 percent of merchandise trade. According to The...

US Economic Growth – Headwinds

US Economic Growth is facing headwinds. There are specific headwinds to US growth. There are cyclical forces (rising dollar and falling oil revenues that are causing problems today for US economic growth. But, perhaps more importantly, there are simple demographic...
Is America’s Growth Slowing

Is America’s Growth Slowing

The United States was The Little Engine That Could during 2014. We added three million jobs, unemployment fell to 5.6 percent, and GDP grew by 2.4 percent for the year. Unfortunately, despite the contentions of the San Francisco Federal Reserve’s report, we appear to...
GDP Optical Illusion or GDP Statistical Anomoly

GDP Optical Illusion or GDP Statistical Anomoly

Is it possible to have an economic GDP optical illusion? On Friday, the Commerce Department reported the U.S. economy contracted at an annualized rate of 0.7 percent during the first quarter of 2015. The Federal Reserve sees things slightly differently. Previously,...