Collapsing is not my word. It’s how a report released today by the Organization for Economic Cooperation and Development chose to characterize commercial trade flows during the final quart… more →
CurrencyThoughtslarrygreenberg wrote 3 days ago: Collapsing is not my word. It’s how a report released today by the Organization for Econ … more →
larrygreenberg wrote 1 month ago: Advanced economies contracted sharply but not uniformly so last quarter. In a comparison of th … more →
larrygreenberg wrote 1 month ago: Given the failure of Japan, Canada, and Europe to decouple from the United States, the answer for mo … more →
larrygreenberg wrote 1 month ago: The table below documents annualized rates of real GDP contraction between the third quarter of 2008 … more →
larrygreenberg wrote 2 months ago: Several developments have grabbed the attention of investors, who had become previously comfortable … more →
larrygreenberg wrote 2 months ago: Every day seemingly brings at least one pleasant data surprise and often more than one. Porten … more →
larrygreenberg wrote 2 months ago: Newly revised IMF forecasts project a 1.3% contraction of world GDP in 2009 followed by a 1.9% recov … more →
larrygreenberg wrote 2 months ago: The meeting of G-7 central bank chiefs and finance ministers in Washington produced no significant n … more →
larrygreenberg wrote 2 months ago: Finance ministers from the Group of 20 will meet Friday to discuss implementation of the broad goals … more →
larrygreenberg wrote 3 months ago: A monthly survey of forecasters compiled by The Economist provides a handy comparison of consensus m … more →
larrygreenberg wrote 3 months ago: The final 4Q08 revised Euroland GDP data were released today. Comparable U.S. and Japanese num … more →
larrygreenberg wrote 3 months ago: Today’s summit of G-20 leaders in London had hung over financial markets throughout March. … more →
larrygreenberg wrote 3 months ago: The Organization of Economic Cooperation and Development, headquartered in Paris, has 30 members. … more →
larrygreenberg wrote 3 months ago: In its pre-U.S. election issue entitled “It’s time,” The Economist ran a cover pho … more →
larrygreenberg wrote 4 months ago: Currency intervention occurs when central bankers either for their bank’s own account or as an … more →
larrygreenberg wrote 4 months ago: The week is still young, but economic data have been strikingly poor. Germany and Japan report … more →
larrygreenberg wrote 4 months ago: An Op-Ed column in yesterday’s Sunday New York Times by Tom Friedman portrays 2008 as an histo … more →
larrygreenberg wrote 4 months ago: The newest issue of The Economist contains results from its March survey of forecasters and, for the … more →
larrygreenberg wrote 4 months ago: In the five reported months to February since the engineered bankruptcy of Lehman Brothers, the U.S. … more →