The Fizzling Out of Productivity Growth Rate: Examining the Credit Velocity Link
Productivity growth in the US will decline for the first time in over thirty years, raising the obvious question: How about all those magnificent innovations that constantly change our lives and transform our world from the internet of things to the latest smart phone...Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
May 2016 Today’s world is threatened by many a ticking time bomb. Some, like immigration, financial crises or terrorism, tend to blow up suddenly; but the majority – including rising inequalities, ultra-low or negative interest rates, technological...On the Dark Hidden Pools of Chinese Liabilities: Debt Binge and Capital Outflows
In September 2010 we warned of the Chinese Wall of Steroids, http://stage.blacksummitfg.com/wp-content/uploads/2011/01/The-Great-Wall-of-Steroids-Vol-2-Issue-3.pdf . In that newsletter we also explained the dangers of WMPs (wealth management products) in China where...Weekly Market Update
Market Action Investors continued to shy away from risk assets throughout the week as global shares hit a six-week low before regaining some ground on Friday. Money has flowed out of equities for the sixth straight week according to Bank of America and flocked to...Risk Adjusted Returns, M&A, and Portfolio Structure: What Does Recent Market Activity Tell us?
Recent reports by major investment banks carry a flavor of pessimism, by suggesting underweighting equities and higher exposure to high yield. We are cautious over the course of the next few months regarding equities and we would suggest defensive tactics (such as...Sign Up for Our Publications
