Just when it seemed like global economic sentiment was showing signs of improving (or at least stop getting worse), it was dealt a blow with new fears of a return to recession in the Euro zone.
US Dollar
A Turn in Global Economic Headwinds
Negative headline news has reached a fever pitch, seasonal commodity price pressure remains in place, adverse Dollar action dominates, and perhaps most importantly, the international economic outlook continues to deteriorate.
Is the US Economic Recovery Faltering?
In retrospect, the sharp slide in physical commodity prices was well deserved, what with global macroeconomic sentiment eroding in the wake of signs of lost momentum in the US recovery, threats of additional sanctions against Russia, and perhaps most importantly, a soaring US Dollar.
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.
Long, Slow Global Economic Recovery
The US recovery looks destined to sneak up on the markets, particularly with the Treasury market.
Pessimistic Views On Global Recovery Pace
Into the early April high in equities, global economic sentiment was hopeful of a quick return to a progressive recovery pace.
Suspicion Toward Pace of Growth, Commodity Markets in Downward Bias
With a second Fed tapering event recently, the reality of less accommodative US monetary conditions was mostly realized in the marketplace, and not surprisingly, equities suffered the brunt of the reality check.
Widespread Confusion Over Global Outlook
Over the last two weeks, the outlook for the global economy has fostered some widespread confusion. The December US Non-Farm Payroll gain was clearly disappointing, but that news was countervailed by increased attention on the decline in the US unemployment rate.
Surprises in the First Week of 2014
In the first week of 2014, the biggest surprises have been a strong upward reaction in precious metals prices, a series of declines in equities and a massive, concentrated slide in crude oil prices.