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Latest News & Insights


 

What is unsustainable is unlikely to be sustained?

June 19, 2018

Maybe the U.S. economy can sustain an unemployment rate as low as 3.5% without a persistent upward bias to inflation, but we are highly skeptical. 

Could Iran sanctions advance yuan globalization?

June 4, 2018

In principle, Iran could sell its oil for yuan, running the transactions through China-based financial institutions, futures markets and clearing institutions.

Where have the world’s consumers gone?

May 29, 2018

Low wage growth may morph from an inexplicable aspect of the current economic setting to a driving force behind a credit crunch and broad contraction of aggregate demand. 

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