China’s GDP growth picked up to 6.9% in 2017 from 6.7% in 2016. That is surely better, but is it good enough? And what does it mean for investors?
The relationship between growth in bank lending and growth in the economy is far from tight.
Our bet is that the ECB will maintain accommodative monetary conditions into 2019 at least.
HFE’s Chief U.S. Economist Jim O’Sullivan answers questions about the outlook for wages, inflation and Fed tightening this year and next.
What smart economists learned in the 1970s will serve the BoE well when it responds to Brexit shocks.
Survey data in the United States are booming, but the U.S. economy is not. Jim O’Sullivan says the survey data have been distorted by increased partisanship in how respondents answer questions.
Everything we know about economics suggests that everyone should want something if it does not cost anything. For most of us, however, that inclination is quick to pass, replaced by more pragmatic assessments.
For us, the key distinction between a depression and a recession is that a recession is a cyclical contraction of the economy that is both self-correcting and repeating.
Our advice is to discount any weakness in the employment unless it is corroborated by a clear-cut uptrend in jobless claims.
The longest U.S. expansion on record is 120 months, running from 1991 to 2001. To surpass that mark, the current expansion, which started in June 2009, would have to last until the summer of 2019.