Tags » Macroeconomics

Equity valuation in a de-globalising world

Macro Letter – No 68 – 13-01-2017

Equity valuation in a de-globalising world

  • The Federal Reserve will raise rates in the coming year
  • The positive Yield Gap will vanish but equity markets should still rise…
  • 2,183 more words

Inequality and prosperity: individuals, economies, politics

How much inequality is necessary for successful economic performance? All but the most hardened egalitarian socialist would agree that some degree is inevitable. The leader of the UK’s Labour Party, Jeremy Corbyn, … 1,099 more words

Political Economy

Optimism reigns — Michael Roberts Blog

Global stock markets ended 2016 near record highs and have started 2017 in a similar vein. Optimism about global economic growth, employment and incomes has bounced.

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Political Economy

National savings as a macroeconomic phenomenon

I am currently trying to integrate some of the key ideas of three economics professors whose work I greatly admire: Mushtaq Khan of SOAS, … 272 more words

Political Economy

The media and the effects of a weaker currency: missing the point

What are the likely impacts on the UK economy from the weaker pound? A recent report from the British Chambers of Commerce (BCC) has warned of sluggish growth in the UK during 2017 and beyond. 853 more words

Economics

Michael Pettis on the global economic outlook, negative interest rates and Charles Dickens

A short interview with Michael Pettis, an economist I greatly admire for his insights on the evolution of the world economy, economic history and especially China. 75 more words

Economics

Yanis Varoufakis: why austerity doesn't work

Yanis Varoufakis explains in the short video below why austerity doesn’t work. He uses the example of the UK economy, and leaves out the foreign sector (trade and investment), which does simplify things. 257 more words

Political Economy