With Fed and Wall Street economists suffering from extreme data dependency, we should expect the ‘narrative ping-pong’ to continue.
A fabricated consensus — often pursued for political reasons, or to save face (supposedly) — tends to obfuscate and marginalise…
While China represents a special example of “muddled-middle” growth strategies, it is not the only country in danger of falling…
This has been an unusual year for the global economy…
A growing number of systemically important countries are inadvertently undermining the IMF and the World Bank
Mexico has a good chance to realise its impressive structural-reform agenda
However, the market-Fed codependence could be encouraging excessive risk-taking and bubbly valuations
In the last few years, the Fed has consistently overestimated growth and job creation
The region?s ongoing recovery is also good news for a global economy that has yet to rebalance properly
For advanced economies to prosper, it is necessary that the corporate sector?s willingness to invest match its funds
Much needs to be done if this year?s predicted upturn is to provide a springboard for a medium-term growth spurt
Thanks to partisan polarisation, public sector decision-making in US has scored a series of ?own goals?
Advanced countries? central banks are putting their political independence and hard-won credibility on the line
The question should be about Fed’s policy effectiveness, not what Janet Yellen has in store for US monetary policy
Net monthly job creation in the US was up in August, while unemployment was down
The lingering after-effects of the Lehman collapse, unchecked, will have pervading ramifications for the future
This summer?s sense of economic normality in Europe is neither natural nor necessarily tenable in the long term
As corporate executives know, brand management is a tricky affair, especially when popular sentiment overshoots
