The European economy has not been doing well since the global financial crisis in 2008. It seems like the economy has not recovered from that large shock.
Africa and the Middle East
While the editors here at The Daily Reckoning acknowledge and celebrate Australia’s giddy history as the dominant cricket power, they recognise when it comes to the global economy we’re not quite up there with the big boys.
Because Australia is a small, open economy, as an investor you need to watch developments overseas that can impact here. It might be the US central bank driving up the exchange rate, to European hedge funds shorting the market, to trade agreements in Asia changing the investing landscape.
That’s one reason they Reckon every day. If you need to know about it, they’ll cover it.
Trump’s appeal is his opposition to the globalist trade deals the establishments in both parties support. And American workers have every right to be concerned.
Madame Clinton is clearly the devil-you-know. You can see the horns and tail for yourself. But what kind of devilish imp is Donald Trump?
Technical analysts will tell you that an RSI over 70 suggests an index or security is ‘overbought’. An RSI under 30 suggests an index is ‘oversold’.
Brazil’s economy was booming in 2009. Fuelled by household expenditure and rising commodity prices, Brazil is the second largest iron ore exporter to China.
If the Aussie government’s paranoia is about hacking and cyber attacks, then we should cut all ties with the US. And we should get pretty cosy with China.
In the first quarter of 2016, WeChat generated $1.8 billion in mobile revenue. Compare that to WhatsApp’s $49 million, or Facebook Messenger’s big fat zero.
Helicopter money can spur economies and create inflation. But there is no control on how much inflation it creates.
By using low or negative rates as a stimulus measure, Central Banks run the risk of triggering a bank run — or a currency war.
Australia’s economic growth model is built around consuming more than we produce, which means we must borrow or sell off our assets to maintain this model.
With negative interest rates, governments, and some high quality corporates, are now being paid to borrow money.
Credit has tightened. New properties are flooding Rio’s property market from investments during the Olympic Games.
Yesterday, Republican presidential candidate Donald Trump promised to reform the US tax system. His proposals are nothing new.
Brazil has recently seen an economic recuperation. Some investors believe the country has touched the deep end and is now bouncing back.
With non-farm payrolls having risen by an average of 190,000 over the past three months, what does it tell us about the US economy?