The IMF’s ‘remarkable’ track record
Forecasting recessions is hard. Just ask the IMF. The chart below, based on the work of Andrew Bridgen, chief economist at London-based Fathom Consulting, shows that the IMF has only […]
Forecasting recessions is hard. Just ask the IMF. The chart below, based on the work of Andrew Bridgen, chief economist at London-based Fathom Consulting, shows that the IMF has only […]
China is leading markets once again. But, different from the start of the year, this time it’s not guiding markets down. Peace and quiet on the CNY front and improving […]
The Week End Blog is back! And so are central banks. If you thought their toolkit was empty, guess again. The ECB neatly demonstrated that central bankers have become notoriously […]
Bad news is good news, right? The IMF delivered its semi-annual World Economic Outlook, and like the ones before, the content was mostly negative. GDP growth expectations were adjusted downward […]
Didn’t you love the military parade in China? Not because of the military ‘gadgets’ that were showcased, but primarily because Chinese markets were closed for a couple of days. Some […]
Grexit, Graccident, Grexhaustion, Grimbo, Greferendum, it’s all just Gridiculous! In a desperate attempt to force a deal, I guess, Greek Prime Minister Tsipras called for a referendum, in which the […]
Holiday over, the Week End Blog returns. In a somewhat desperate attempt not to let Greece dominate this blog, I start with the latest IMF growth forecasts. Again, most forecasts […]
What was already widely expected became reality this week. The ECB announced a program of quantitative easing. And while truly impressive in size, It was also a bit different from […]