MADRID | By JP Marin Arrese | In the aftermath of the last minute deal brokered in Congress to avoid a devastating US default, Obama warned against turning disagreement into highly disruptive “dysfunctionality”. A rather mild way to portray the utter economic wreckage any further delay in solving the debt ceiling deadlock would have prompted. Faced with a similar challenge in a couple of months, he chose to play down the reckless Republican attitude in the House, praising instead the bipartisan efforts to prevent the worst from happening.
PUERTO RICO | By Benjamin Cole via Marcus Nunes | Some might say I have a sociopathological hatred for quantitative easing, an atavistic reaction that compels me to find reasons, sensible sounding or otherwise, for detesting and opposing QE. But I have many reasons for opposing QE.
MADRID | By JP Marin Arrese | Markets are largely disregarding the Tea Party zealots’ threat to shut down both the Federal administration and the country’s ability to honour its obligations. They bet a last-ditch attempt to find a compromise, will break the current deadlock.
WASHINGTON | Two online games posted in two regional Federal Reserve’s banks (San Francisco and Atlanta) enable us to forecast that the extremely accommodative US monetary policy will continue for a long period of time.
WASHINGTON | Real salaries will keep falling, which in turn will mean less savings and more private debt, erasing the de-leveraging gains of the last five years.
MADRID | By Tania Suárez | Analyst at Hanseatic Brokerhouse, Juan Enrique Cadiñanos believes the US economy’s expansive cycle will not affect the Eurozone because “Europe does not work as a group.”
MADRID | In a year where most developed economies are engaged in austerity packages, contagion from a weakened US economy poses a real problem.
By Luis Arroyo, in Madrid | What I would like to do here is bringing a magnifying glass on to a recent lapse of time and…
MADRID | Analysts at Barclays said Tuesday in a report that they are less than convinced that the productive capacity of the US economy, the…