Tag Archives: Economics

Why is inflation so low and what is driving the stock market? Find out here. The world economy is growing and stock markets are rising ever higher. However, inflation and capital market yields remain low. Burkhard Varnholt, Global deputy chief investment officer at Credit Suisse, explains the...

Inflation rates in the advanced and developing economies are showing little upside pressure.  Global inflation trends remain quite benign. In most of the major advanced economies, headline inflation peaked in the first quarter once the positive base effects from energy price developments had faded....

The Fed's new forecasts show a third rate hike in 2017 for the second half of the year and three more in 2018. As expected, the US Federal Reserve raised the target range for the policy rate by 25 basis points to 1.00 percent – 1.25 percent. It also updated its policy normalization principles with...

Ben Bernanke’s creativity inspired a generation of economists and central bankers. QE, ZIRP and NIRP established a new class of economics that is mathematically sound but practically disastrous. Billions of dollars were transferred from savers to investors to boost the economy, but the wizards of quant forgot that something has to give. In this case, it was the formation of a pension crisis that threatens the golden...

Pound weakness underlines the Conservative Party failing to secure the expected Brexit mandate. Exit polls from the UK general election point to the Conservatives winning just 316 seats, down from their pre-election 330 seats. The Labour Party could win 265 seats, up from 231 before the election....

On his blog, Gilles Saint-Paul comments on the publication process in economics. Of course I was wrong in all accounts. The publication process in economics is not a publication process, it is a validation process by which we acquire a certain rank in a certain pecking order. Submitting a paper to a journal has nothing to do with research dissemination, it is far more similar to taking an exam or participating in a sports competition. The actual dissemination takes place mostly orally, in...

At the 19th Credit Suisse Salon in Dubai on May 09, 2017, former US Secretary John Kerry sat down in conversation with Sir John Major, former UK Prime Minister, on Living in times of uncertainty: the path ahead for the Middle East. They covered a wide range of topics: climate change, the Iran deal, Syria, the root causes for the surge in public...

Helman Sitohang, CEO Asia Pacific, was presented with the Friends of Global Literacy Award by John Wood, founder of the non-profit organization Room to Read at its annual gala event in Singapore.  Room to Read, an NGO focused on children's literacy and girls' education, firmly believes that "world...

 Two weeks ago Bank of America caused a stir when it calculated that central banks (mostly the ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, “the largest CB buying on record.”  Aggregate Balance Sheet Of Large Central Banks, 2000 - 2017 - Click to enlarge BofA’s Michael Hartnett noted that supersized central bank...

France chooses the centrist path forward. With Emmanuel Macron, the French have elected an outspoken defender of European integration. The result is positive for both Europe and markets. French voters have elected Emmanuel Macron as their next president. With more than 65 percent of the vote, Mr....