Global economic psychology has improved, partly because of easing tensions in the Black Sea region but also because of generally positive US scheduled data flows.
El Nino
Renewed Concern of Deflation
The action in equities over the last month has been impressive, but it is even more impressive when one considers that the gains were forged in the wake of generally disappointing global economic news flow and a persistent escalation of tensions between Russia and Ukraine.
Disappointing Pace of Recovery & Declining Prices
The outlook for the global economy has improved marginally, with a series of positive US data providing some respite from the generally discouraging economic news flowing from Europe and China.
Disappointing Pace of Recovery & Declining Prices
The outlook for the global economy has improved marginally, with a series of positive US data providing some respite from the generally discouraging economic news flowing from Europe and China.
Disconcerting Outlook for the Third Quarter
The tone of the global economy has deteriorated over the last month, and it has become apparent that portions of the Euro zone were much softer than expected during the second quarter.
Downgrade in Global Economic Expectations; Rise in Geopolitical Anxiety
Over the last two weeks there has been a downgrade in global economic expectations, some adverse currency market action for commodities, and a continued rise in geopolitical anxiety.
US Commodity Markets Under Pressure
US markets received a barrage of key economic data points last week that pointed to an improving US growth trajectory.
Disappointing Pace in US Recovery
The markets are facing a repeat of “irrational exuberance.”
Long, Slow Global Economic Recovery
The US recovery looks destined to sneak up on the markets, particularly with the Treasury market.
The World Economic Outlook Downshifted
The question of valuations was apparently answered recently, as stock prices fell sharply despite a very favorable psychological kick-off to the US earnings cycle.