RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

The Economist (January 30)

2016/ 01/ 31 by jd in Global News

Nigeria’s President Muhammadu Buhari “is repeating an economic error he made as dictator 30 years ago.” To avoid devaluation, he has instead thrown limits on imports, creating scarcity that “will be even more inflationary. A weaker currency would spur domestic production more than import bans can and, in the long run, hurt consumers less. The country needs foreign capital to finance its deficits but, under today’s policies, it will struggle to get any.”

 

Institutional Investors (August 15)

2015/ 08/ 17 by jd in Global News

“As earnings season winds down, investors around the globe are left to consider how a shifting macro environment will impact different asset classes and geographies.” Fears of a continuing yuan devaluation “will factor into perceptions of nearly all the major data points that will emerge.”

 

Bloomberg (August 13)

2015/ 08/ 15 by jd in Global News

“China’s devaluation becomes Japan’s problem.” The surprise action raises the question of “what China’s move means more broadly for Abenomics. A sharply devalued yen, after all, is the core of Prime Minister Shinzo Abe’s gambit to end Japan’s 25-year funk.” But China’s move is not necessarily the death knell of Abenomics, which has been sputtering. “China’s move may catalyze Abe to act. By undercutting Japan’s devaluation, China might increase Abe’s urgency to boost competiveness, innovation and wages.”

 

Wall Street Journal (April 18, 2013)

2013/ 04/ 19 by jd in Global News

“Gold’s Plunge Is Cause For Optimism.” Gold investors may not feel the same after watching their asset lose over 15% of its value since February. Still, the plunge could signal a promising trend if capital is redirected from dollar-devaluation hedges “toward investments in what has been called ‘the economy of the mind’—that is, new entrepreneurial endeavors and industries.”

 

Institutional Investor (October Issue)

2010/ 10/ 14 by jd in Global News

Modern economic warfare appears to center on competitive depreciation. The euro, the dollar, the yuan, the yen and other currencies are competing for lower ground as a means to jumpstart their own national economies. Institutional Investor points out “competitive devaluations and/or depreciations can cause the world to slip back into recession…. We need statesmen and stateswomen, not nationalists.”

 

[archive]