Central Bank Balance Sheets and Market Returns
A lot has been written about the impact of Quantitative Easing. And while it is arguable whether or not the extraordinary measures taken by central banks have had any significant […]
Category Archives: MACRO
Quick Fact: The relationship between GDP growth and Equity Returns
The relationship between economic growth and equity returns is much debated. Not so strange if you look at the graph below. From a distance the two certainly look related. Click […]
Is the Chinese Economy improving?
Based on the latest data coming out of China the answer would be ‘yes, probably’. Today the Chinese National Bureau of Statistics reported that Foreign Direct Investments in July grew […]
Business Confidence And Stock Markets Around The World
Another wave of business confidence data (ISM, PMI’s, etc.) has reached the markets of late. As always, there were beats and misses. But over the last couple of months these […]
The Fed and the Facts
Markets have reacted pretty intensely in recent weeks with respect to the next policy steps by the Federal Reserve. ‘Tapering’, the latest buzz word in financial markets, used to refer […]
Spending 8 Days With Bernanke
This Wednesday, the FOMC, the Federal Reserve’s monetary policy-making body, will get together again to decide upon the appropriate central bank policy. The FOMC uses financial instruments to achieve its […]
