Time For Another US Recession: Is There A Killer On The Loose?
James Alexander via Historinhas | Every time I see the chart for US unemployment these days it looks like it is time for the trend to turn.
World economy
What Happened To Brazil?
Richard N. Cooper via Caixin | Fourteen years ago, Jim O’Neill of Goldman Sachs coined the term BRIC to stand for Brazil, Russia, India and China – four large emerging economies that might together shape the world economy in the future. With the later addition of South Africa, they came to the agreement in 2015 to create a BRICS bank.
China’s IPO resumption: more than what meets the eye
UBS | We believe the new proposed IPO process could improve liquidity and investor protection and is therefore a structural positive. IPO resumption would also mean some of the corporate would consider raising equity instead of bond and help channel some of the liquidity away from the bond market.
The Real Reason China Wants Yuan in IMF’s Basket
Marc Chandler via Caixin | A mountain peak is easier to see when viewed from a valley than from the summit. Similarly, it may be easier to understand the changes in China’s currency regime if we take a step back and try to look at the big picture: Beijing wants its currency added to the SDR mechanism for status reasons, not to benefit its exports.
US Outlook 2016: Into the Late Innings
UBS | 81 months and 200% higher, this US Equity and Derivatives’ Bull is the third longest since 1932 and surpasses the average of 138%. While age or return alone does not signal The End, increasing volatility, Fed rate hikes, and an M&A boom in its third year have all preceded past tops.
The Path to Building a Well-Off Society
Caixin | The Communist Party’s 18th Central Committee released a proposal for a major economic development plan on October 29 at the end of a four-day plenum, the fifth time the body has met. In the proposal, the party notes that China still has a lot of room to grow, even though it is facing an array of challenges stemming from shifts in the domestic economy and uncertainty abroad.
Sustainable Cities of the Future
Nilanjana Sen | With over half the world’s population living in cities, the 21st century has been described as the urban century. It is estimated that 75% of the global population will be living in cities by 2050.
Economists and investors disagree over U.S. economy
There is a definite clash between investors and economists over the US economy. According to Intermoney’s Spanish analysts, markets are looking for reasons to take apart the thesis about the country’s resilient activity, arguing that moderate growth is insufficient. Then there are the economic purists, including many Fed members, who are confident the US recovery is sustainable.
The Tale Of Two Markets, Or, Why “Fighting Inflation” Is A Bad Idea For The Fed
Benjamin Cole via Historinhas | Motor vehicle sales are booming in the United States, up 10% in the last year, and double since the Great Recession. Thanks to blogger Kevin Erdmann of Idiosyncratic Whisk, we have a better understanding of inflation in the U.S. and the role that ubiquitous local property zoning plays in suffocating supply, and thus boosting price.
As China Ends the One-Child Policy, What’s Its Legacy?
Stephanie Gordon | China has announced the end to its infamous one-child policy, the restrictive rule that has limited many families to one child—and some to two children—for the past 37 years. The changes will allow all couples to have two children.