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Posts Tagged ‘Obama’

July 2013 Economic Overview

July 2013 Economic Overview

Little change in slow growth both the data and the debates continue to point toward 2% GDP growth, 2% or less inflation, and near-zero overnight interest rates. The downturn in the Eurozone (Germany excepted) persists and is unlikely to end soon. Consumer confidence is at a five-year high. It has risen three straight months, reaching 81.4 in [...]

August 2012 Economic Overview

August 2012 Economic Overview

US Economy The US economy is in a tender state. Being led by an inventive private sector, the economy is reinventing itself. Old weaknesses remedied and new ones discovered. News headlines give credence, however, to Nouriel Roubini’s perfect storm in 2013 scenario: stalling growth in the US, debt troubles in Europe, a slowdown in emerging [...]

April 2010 Economic Overview

April 2010 Economic Overview

And the Stress goes on and on and on. It appears that Europe has hammered out a salvation plan for Greece. But it is still too little, too late and it's only temporary. China’s government began to rein in lending. India raised reserve requirements and Brazil’s stimulus is being phased out. Central banks in the Rich World are beginning to [...]