New York Times (May 21)
“The euro hasn’t fallen below the one-to-one exchange rate with the U.S. dollar for two decades. But as economic risks grow, more analysts predict deeper lows for the shared currency.” The U.S. currency is considered one of the safest havens “for money as the risk of stagflation — an unhealthy mix of stagnant economic growth and rapid inflation — stalks the globe.”
Tags: Analysts, Currency, Dollar, Economic risks, euro, Exchange rate, Growth, Havens, Money, Stagflation, Stagnant, U.S., Unhealthy
CNN (May 9)
“After 14 straight months of year-over-year home price growth reaching into the double digits, we’re finally starting to see the early signs of a cooling housing market.” This doesn’t portend an imminent crash. “In fact, prices may not even fall. Rather, this will be a much-needed rebalancing from the unhealthy market conditions we see today.”
Tags: Cooling, Crash, Double digits, Early signs, Homes, Housing market, Price growth, Rebalancing, Unhealthy
Bloomberg (February 16)
“Sleep deprivation is doing more harm in Japan than just making people grumpy and unhealthy. It is also holding back the world’s third-largest economy,” creating an economic drag of nearly $140 billion or roughly 2.9% of GDP. This is a much larger GDP slice than Canada (1.35%), Germany (1.56%), the UK (1.86%) or the U.S. (2.28%) lose to sleep deprivation. Moreover, periodic surveys by the Ministry of Health, Labour and Welfare, show the number of people averaging less than 6 hours of sleep per night has risen by about 10% since 2007 to nearly 40% of Japan’s population.
