The India-China Trade Imbalance
While the volume of trade between India and China is small compared to trade between China and the US, the relative trade imbalance is nearly identical
Chris Whalen on Banks: More 1930s Than 2009
“I think losses this year could be twice 2009”
Map: The World in 1608
The world according to Dutch globe maker Pieter Van Den Keere in 1608
QE-Infinity Reverses for Yet Another Week; Fed Getting Cold Feet?
Has the Fed finally seen the light? Probably not…
Steve Greenhut on the Looming Pension Crisis
What’s coming to state and local governments near you
Jim Chanos: China Debt Problem Keeps Getting Worse
“No return in the equity market in ten years, as other markets have doubled and tripled, is kind-of saying something”
David Rosenberg: ‘Conspicuous Consumption’ May Be Coming to an End
Every cloud has its silver lining
Used Car Market Recovery Makes Headway
The Manheim Index shows that prices have not just recovered, they have already hit a new high.
Fed’s Balance Sheet Contracts for the First Time Since February
Despite purchasing/loaning roughly $100 billion of the aforementioned assets, how did the Fed’s balance sheet end up shrinking?
US Capacity Utilization Inches off of All-Time Low
Capacity utilization needs to do more than just recover to its pre-covid levels. It needs to get back above 80%