Enric Fernández, in Barcelona | In spite of their differences, both candidates are aware that the country needs a credible adjustment plan. And, in fact, neither the United States nor the world economy can allow themselves to prolong, for too long, the uncertainty regarding the sustainability of the public finances of the world’s leading economy.
The US elections are surrounded by more uncertainty that ever before, and most of it comes from the Republican candidate. Mr Romney’s economic policies are an unknown-unknown.
Two months before the US general elections, the Federal Reserve activates a package of expansionary monetary policy that will artificially inject life into the US economy. Carlos Díaz sees this is a vote for Obama.
Mark Twain said once that The White House was the “best Congress money can buy.” In this battered economy, while millions of Americans are tightnening their belts, this presidential election is expected to be the priciest in U.S. history. Make a guess: how much do you think it will cost? The predictions by the Center of Response Politics (CRS), a nonpartisan research group tracking money in politics, are of almost…
Two thirds of Americans feel suspicious or skeptical about their country’s economic situation. According to a Gallup poll, only 23 percent said they were satisfied with the way things are going in the United States, down from a 28 percent satisfaction rate last month. Three months before the presidential elections, figures and sondages are multiplying. We’ll certainly see numbers shift, popularity indexes soar and fall before the D-day, and both…
Interested in the world’s economy? There’s somebody you should meet. He doesn’t have an outstanding experience in the private sector but is determined to drastically cut U.S. government spending, boost market flexibility and avoid the “clouds” that are coming from Europe. If Republicans make it to the White House in november, Congressman Paul Ryan, Mitt Romney’s pick for vice president, will have a bigger say than the president. If not,…
After months focused on the eurodrama, markets are starting to care more about the so-called fiscal cliff, a popular shorthand term used to describe the situation that Washington will face at the end of this year. Bush tax cuts are set to expire unless Republicans and Democrats agree on how to extend them and who would have to pay. This combined with $110 billion in defense and domestic spending cuts…
NEW YORK | Without Latinos the access to the White House in November is not guaranteed. They are 55 million Hispanic citizens in the U.S, according to the census, but they are more likely than other minorities to stay home on Election Day. Five months before the polls, both Republicans and Democrats are desperately struggling to seduce them. Despite the millions spent in TV and radio advertisement in Spanish, it…
NEW YORK | U.S. investors are looking forward to this Thursday’s jobless claims figures after the pretty lame monthly jobs report last week. Wall Street needs a sweetener, otherwise investors will keep on the sidelines of the stockmarkets. Only a better than expected (366,000 new jobless claims) figure could boost U.S. market and economical confidence. Indeed, last Friday’s report was shocking: America is creating employment almost at the same rate…
NEW YORK | Restless and suspicious. That is how Wall Street seems to be feeling after France and Greece’s pushback against austerity measures. U.S. stock futures fell on Monday, while Treasuries gained. Investors wonder whether the stimulus advocated will derail bailout deals. And what will happen now that the Sarkozy-Merkel tandem is broken and the Greek parliament will have three new anti-bailout parties represented. This added to the uncertainty created by…