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Posts Tagged ‘Asia’

September 2013 Economic Overview

September 2013 Economic Overview

Frankly, we find this past week’s batch of economic data unsettling. The march of economic power from the developed to the emerging world seemed to take a step backwards. Asian manufacturing continued to slow, with a very slight expansion in China according to official data. In the US, GDP growth, manufacturing and jobless claims were stronger [...]

June 2013 Economic Overview

June 2013 Economic Overview

Orders for U.S. durable increased in April after falling for seven months as companies invested in aircraft and capital equipment. The 1.5 percent gain in bookings for goods meant to last at least three years would follow March’s 6.9 percent decline. Orders excluding transportation equipment may have risen 0.5 percent last month after dropping [...]

March 2010 Economic Overview

March 2010 Economic Overview

“Beware of Greeks bearing gifts” wrote Virgil in Book 2 of the Aeneid. Oh, had the Euro zone only listened! Greeks are presenting the Euro zone with a whopper now. Wishing that the Greek financing crisis an outlier does not make it so. With hedge fund jackals at its throat, Greece is rapidly finding it impossible to get finance. [...]