Since the start of 2021, the question that appears to be on everyone’s mind is “Will this year be any better than the last?” When...
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Archive
The rise of Big Tech cements the fall of the US economy
While the US economy is going through its worst crisis in the last eight decades, its largest companies are having their best year ever
While the US economy is going through its worst crisis in the last eight decades, with small businesses shutting down en masse and millions of...
Are V-shaped PMIs Misleading?
The recent rise of PMIs may be overstating the extent of the global economic recovery.
Economic conditions look to be the best in a while for the US and most European countries, at least according to recent readings of the...
A sales pitch for buying gold
With returns on other assets at historical lows gold has become highly attractive to investors.
After a stellar performance over the past few months gold has found its way back into the headlines, with market prices rising above $2000 an...
Singapore and the myth of services-based development
Manufacturing lay at the heart of Singapore's rapid development during the 60's and 70's as evidenced by historic economic data and records of government policies at the time.
Although no one would question the success Singapore has had in raising the living standards of its population, and establishing itself as a regional centre...
Underneath the surface of the coming recession
A severe recession has been a long time coming for the advanced countries.
A global recession is all but certain after the US Bureau of Economic Research published data indicating that the world’s largest economy contracted by 4%...
How COVID-19 did not cause the recession
Outlining the indications that a recession was building long before COVID-19 entered the scene.
The available evidence suggests that, virus or no virus, a global recession was coming, and a big one at that. Well before the emergence of...
How fracking helped shape US foreign policy
Disrupting oil production in countries that could pose a threat to the increasingly important American oil industry has become a priority within US foreign policy.
The fracking boom in the US has frequently been hailed as a remarkable economic achievement for drastically reducing the country’s dependence on foreign energy resources....
A tidal wave of repos and the best carry trade ever
How historically low interest rates in Europe and Japan are causing a massive demand for Dollars by investors looking for higher returns in the US.
Naturally the question everyone is—or should be—asking is where this sudden demand for liquidity has come from. The answer is that it is the result...