Foreseeable Economic Prospects and Equity Markets: Sizing up the New Year
As a starting point, let’s briefly review a few of the forces that are shaping up equities in a positive trajectory during at least the first few months of 2018. Growth has been picking up pace globally - the much celebrated synchronized recovery - and sentiment is...
Weekly Market Update
Market Action The Dow Jones Industrial Average closed above 25,000 for the first time on Thursday, while the FTSE 100 and MSCI Asia Pacific also closed at all-time highs during the week. All three major US stock indices – the Dow, the S&P 500, and the Nasdaq –...
Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
December 2017 2017 ends with the world economy performing well and in better shape than expected this time last year. Yet, three dark clouds hang over the global economic outlook: (1) stagnant real wages, (2) increasing inequality and (3) weak productivity. Even so,...
Weekly Market Update
Market Action World stocks, as measured by the MSCI All-Country World Index, have risen every month this year – the first time in its history that a calendar year has passed without a monthly decline. (In fact, the index hasn’t had a down month since October 2016.) It...
Sublime Madness Meets the Graveyards of Certainty: A Conversation Among Handel, Berkley, Shakespeare, and Bonhoeffer
I boarded my end-of-year flight from Cincinnati to Paris, excited of whom I would meet this year, and as I was boarding I heard a deep voice stating: “You have posed the wrong question, provided the wrong argument, and therefore reached an irrelevant conclusion....
Weekly Market Update
Market Action The US tax reform bill was passed by both houses of Congress this week and signed into law on Friday. The law will reduce taxes for corporations and revamp taxation of multinational companies to encourage repatriation. The measure will also offer...
Sector Focus: Healthcare
The healthcare sector is a growing and complex part of the economy, particularly in the US. The certainties and uncertainties of an aging Baby Boomer population who will expect virtually unlimited access to care during health crises mean that demand in this sector...
Weekly Market Update
Market Action Flash estimates of purchasing managers indices suggest that global economic momentum has persisted into December. Manufacturing PMI for Europe hit a record high of 60.6 in December, and Japan saw its manufacturing index reach the highest level in four...
Russian Engagement in Latin America: An Update
by Evan Ellis Evan Ellis, Phd, is a research professor of Latin American Studies at the U.S. Army War College Strategic Studies Institute with a focus on the region's relationships with China and other non-Western Hemisphere actors. He has published more than 190...
Banks and Financial Stability: A Uniquely Transformational Story
In the last few days, we had three pretty interesting developments related to the banking sector around the globe: EU developments, Basel 3, and an IMF report regarding China’s banks. In the EU, important steps were taken preparing for a Banking Union that will close...
