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World economy 7th January 2014

Interest rate moves are out of sync with inflation, what next?

LONDON | By Michael Gavin at Barclays | The 2013 sell-off in interest rates in the global currency areas has been driven entirely by perceptions that economic activity is on course to continue its recovery; inflationary pressures have been conspicuous only for their absence in all major currency areas except Japan, where the (still limited) pressure is welcome. This likely explains why equity markets in the advanced economies were so resilient to the backup in US and global rates and why the brunt of the 2013 bond sell-off was borne largely by the long end of the curve.

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World economy 3rd January 2014

Investors See Spain As No-Brainer, Juicy Risk

THE CORNER TEAM | As the euro zone crisis shakes off a recession, investment opportunities are mushrooming across the South of Europe. In Spain, banking and media sector as well as infrastructure are the preferred bets. “As maximum exposure recovery in Europe’s periphery, FCC is ideal. Just don’t think about the downside,” the Financial Times’ Lex argued on Friday, after millionaires George Soros and Bill Gates have both bought stakes in the indebted construction company in less than three months.

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World economy 31st December 2013

A 2014 World News Tour by The Corner

As 2013 wraps up, we are looking at the most interesting economic stories and challenges ahead. We have asked our contributors and some of the best bloggers worldwide to tell us. Enjoy the read and happy new year.

 

2014 Outlook

World economy 31st December 2013

Global Supply Annual: 2014 Outlook

LONDON | By Barclays analysts | In our 2014 Outlook, we expect gross funding requirements for the US, euro area, Japan and UK to be around $18bn above our 2013 gross issuance forecast of c.$4.946trn. At the same time, we forecast net issuance globally to fall c.$1.59trn from $1.85trn in 2013.

World economy 31st December 2013

Economic Recovery: “Never reason from the previous peak”

SAO PAOLO | By Marcus Nunes | In “The current state of the US economy explained in one chart”, Mark Perry shows the chart above. As I argued in “The previous peak is not the appropriate benchmark” (Parts 1 & 2), just because you´ve reached or surpassed the previous peak does not mean you have achieved a complete or full recovery.