pagado Global Economy • 1 min read European Consumers Are Very Depressed On June 23, Bloomberg reported: “Ray Dalio’s Bridgewater Associates has built a $10.5 billion bet against European companies,…
pagado China • 1 min read Will Covid Zero Be Followed by Higher Inflation? China's experience with Covid Zero raises the age-old question of whether the cure is worse than the disease.…
público Global Economy • 1 min read Weak Yen & Yuan. Mighty Dollar. The Bank of Japan (BOJ) is an outlier. While all the other major central banks are turning more hawkish, the BOJ remains extremely dovish. This is causing the yen to dive.…
público Global Economy • 1 min read Germany’s Stagflation Germany is experiencing stagflation: (1) The German IFO business confidence index plunged during March because of the jump in energy…