US federal deficit reaches USD 112.8 billion in July, likely to reach USD 550 billion by 2016-end
Aug 11, 2016 07:55 am UTC| Commentary Economy
In July, the US federal government has recorded a budget deficit of USD 112.8 billion, consistent with the CBOs forecast of USD 113 billion. The deficit in July has narrowed from July 2015s USD 149.2 billion. CBO stated...
Worrisome Signs Series: LMCI urges caution
Aug 05, 2016 11:14 am UTC| Commentary Economy
Labor market condition index (LMCI) that was developed by the U.S. Federal Reserve in 2014 to better track the conditions prevailing in the U.S. labor market is sending worrying signals. The LMCI is derived from a dynamic...
Global trade report sends distress signal
Jul 25, 2016 09:42 am UTC| Commentary Economy
Both monetary and fiscal authorities, all around the world expressed concerns over and over again about the Great Moderation, post financial crisis of 2008/09, where exceptionally loose and experimental monetary policies...
Perfect storm of events could trigger the next financial crisis
Jul 10, 2016 20:58 pm UTC| Insights & Views
Back in 2007, the first signs of stress in the US housing market were starting to appear. Managed investment funds at Bear Sterns and BNP Paribas were forced to close, or suspend payments, as they were unable to liquidate...
Worrisome Signs Series: U.S. less than a percent away from recession
May 16, 2016 07:41 am UTC| Commentary
Over the past four decades and more, one reliable indicator has pointed to recession every time successfully and few years ahead. That indicators is the spread between short dated (2 year) and long dated (10 year) treasury...
RBI's Raghuram Rajan warns on global fiscal and monetary stimulus
May 16, 2016 06:27 am UTC| Commentary
Reserve Bank of Indias Governor and former economist of International Monetary Fund, Raghuram Rajan, while speaking with Financial Times in London has warned against the fallouts of monetary and fiscal policies to...
Global corporate default pace fastest since 2008/09 crisis
Apr 29, 2016 09:08 am UTC| Commentary Economy
Defaults are on the rise and at fastest pace since 2008/09 crisis, largely due to global economic slowdown, over-exposure to leverage and downturn in commodities segment. So far this year, 53 companies have either missed...
Trade Wars Heat Up: EU and China Push Back Against US Tariffs