Debt, Disruption and Demographics, major catlaysts for global deflation
Oct 13, 2015 05:01 am UTC| Commentary
The cyclical fallout from the Great Financial Crisis and the secular deflationary "Ds" of excess Debt, tech Disruption, aging Demographics have been the major catalysts for global deflation.Minimal deleveraging since the...
BoK likely to hold its policy rate at 1.50%
Oct 13, 2015 04:56 am UTC| Commentary
The BoK is likely to revise down its GDP forecast again in its quarterly macroeconomic forecast review. But it will not change its long-held view of a gradual recovery in economic growth, this time based on the recent...

Investors must discount a new Global Policy Mix in 2016…
Oct 13, 2015 04:55 am UTC| Commentary
Neither deflation nor inequality has hindered the bull market on Wall Street in recent years. On the contrary, QE policies to end deflation spark employment have been very beneficial to asset prices. But now:The...
China's CPI inflation to soften marginally in September
Oct 13, 2015 04:51 am UTC| Commentary
Chinas agricultural product prices dropped over the same period. Therefore, food price inflation is expected to have softened from 3.8% yoy in August, foresees Societe Generale. At the same time, administrated fuel prices...
No constructive message from China’s September trade data
Oct 13, 2015 04:46 am UTC| Commentary
Chinas trade growth bounced back slightly in August from July. However, the rebound is not expected to be sustained. The gauge of export orders in the September PMI report ticked up to 47.9 in September, but this was still...
US industrial production probably contracted in September
Oct 13, 2015 04:46 am UTC| Commentary
Reduced mining activity, combined with broad-based cutbacks in factory output, likely pared the Federal Reserve Boards industrial production gauge by 0.3% in September, after a 0.4% decline in the previous...
Most deflationary expansion in global economy
Oct 13, 2015 04:39 am UTC| Commentary
The nominal GDP of the industrialized world has grown 9.8% since the lows of Q12009. One of the slowest and most deflationary expansions ever. The following situations are observed by Bank of America Merrill Lynch. The...