SNB on the defensive at Jackson Hole
By James Alexander via Historinhas | Although it appeared that the VSPs gathered in Jackson Hole could only worry about non-existent inflation, I detected a defensiveness too.
World economy
Limited EM spillovers into DM (so far)
Could emerging markets spillovers push developed ones into recession?
Brazil will contract sharply in 2015 and stagnate in 2016
Brazil’s financial markets are being hit by political turmoil, economic deterioration and external factors.
China badly needs reshuffling
The Chinese authoritiess’ failure to prevent a stock exchange meltdown is casting serious doubts on economic prospects and so fuelling further losses.
What to expect from Chinese authorities?
On the policy front the Chinese state continues to wield its influence over large parts of the real economy.
US consumer confidence surges in August
US consumer confidence surged to 101.5 in August thanks to the positive evolution of the labour market.
Has the adjustment time for China’s economy arrived?
The adjustment is serious and is a reaction to the eruption of China’s triple bubble: credit, real estate and stock markets.
What will lower oil prices mean for US economy?
LONDON | UBS | Lower oil prices are evaluated as essentially “a wash” for the US economy.
More bad news for China
Flash manufacturing PMI for August and IMF decision bring more negative news for China.
Timing for Fed rate hike lift-off still uncertain
FOMC members need more evidence that inflation is moving toward their goal and the improvement in the labour market is sufficient and sustainable.