How Insensitive!

Euro Zone banks are not to responding to the ECB’s generous boost to liquidity by increasing their lending.

Japan-style death spiral for China?

Will similarities with Japan’s banking practices of the 1970s and 1980s be the death knell for China’s economy?

The monetary data from Japan and Britain suggest that there is core weakness in the underlying economy.

We can see the meaningful risk of a recession starting as soon as 2020.

The problem with the recovery from the global financial crisis is not just lower growth rates, but still-depressed levels of activity.

We continue to forecast no let-up from the Fed’s quarter-point-per-quarter tightening pace any time soon.

Carl Weinberg’s presentation on China’s economic outlook.

Yields on 10-year JGBs and Bunds are approaching zero. But the meaning of near-negative interest rates is different in Japan than in Germany.

While the United States fights a futile trade war with China, the rest of the world loses.

The ECB’s plan for ending asset purchases hinges on a questionable CPI forecast.