Nick Malkoutzis via Macropolis | Political developments around the western world, from the victory for Brexit to Donald Trump being elected US president, have been a rude awakening for politicians, commentators and pollsters who did not see this shift in voter behaviour coming. So, we might want to consider if there is something going in Greece that we are failing to tap into.Read More
Pablo Bejar | For the first time since 1982-83, the Latin America and Caribbean region is expected to be in recession for two consecutive years (2015-16). According to World Economic Outlook forecasts, growth is expected to be -0.6% this year following growth of -0.03% last year. The fall in commodity prices, lower global trade and continued weakness in advanced economies, combined with a set of internal factors in some of the larger regional economies, have driven growth lower.
Ofelia Marín-Lozano | The exceptionally low interest rate scenario, with short-term rates even in negative territory, are undoubtedly an incentive for major corporate transactions. Being able to get 20-year funding at a fixed annual rate of below 2% is fuelling a slew of M&A deals which, in another scenario, would be prohibitive.
Julius Baer Research | The combination of a positive economic growth narrative, like the fiscal boost under President-elect Trump, and good economic data, creates a powerful positive US consensus. Self-limiting forces of a stronger US dollar and higher interest rates are slowly emerging.Read More
Francesco Saraceno | This post is nothing new. It is just a reminder for non European readers (or for distracted European readers), about the way things work in the EMU. The German Bundesbank President Weidmann violently attacked the European Commission for failing to enforce fiscal discipline within the Stability Pact.Read More