Fundamental Evaluation Series: S&P 500 looks expensive by many measures
Aug 29, 2016 09:44 am UTC| Commentary Economy
SP 500 has curved a fresh all-time high, just a few weeks ago and still hovering close by. However, the index, which is on its eighth consecutive yearly bull run in 2016, is looking a bit expensive by many fundamental...
Fed Hike Aftermath Series: Dollar and rate hike odds rise after Jackson Hole
Aug 29, 2016 08:39 am UTC| Commentary Economy Central Banks
After many of the FOMC policymakers indicated that a rate hike is more imminent than the market is pricing in the Jackson Hole symposium, the rate hike odds for September rose and the dollar staged a recovery. Speaking at...
A tale of two GDPs: Why Republicans and Democrats live in different economic realities
Aug 29, 2016 08:02 am UTC| Insights & Views Economy Politics
Back in 1992, Democratic strategist James Carville uttered his famous recommendation to Bill Clinton ahead of the 1992 election: Its the economy, stupid! Political scientists beat Carville to the punch, though: As far back...
Fundamentals to watch out for this week
Aug 29, 2016 07:48 am UTC| Commentary Economy Central Banks
This week is quite risk heavy with lots of economic data from both developed economies as well as Asian giant like China. What to watch for over the coming days: U.S. economic data: Lot many economic dockets...
Estimating the 'cost' of fuel tax credits is a tricky business
Aug 29, 2016 07:42 am UTC| Insights & Views Law Economy
In calling for an end to fossil fuel subsidies, critics of Australias fuel tax credits system have highlighted its cost to Australian taxpayers and the budget bottom line. The Greens have said that ending fossil fuel...
U.S. trade deficit narrows in July on falling imports, consumption to slow at sustainable pace in Q3
Aug 29, 2016 05:35 am UTC| Commentary Economy
The nominal trade deficit in goods in the US narrowed more than projection in July. The trade deficit in goods reduced to USD 59.3 billion from 64.5 billion in July. Growth in nominal export rose sharply, accelerating to...
U.S. Q2 GDP growth revised down slightly from first estimate, likely to accelerate 3 pct in Q3
Aug 29, 2016 04:24 am UTC| Commentary Economy
The second estimate of U.S. second quarter GDP came in slightly lower than its preliminary estimate, but in line with consensus projection. The BEAs second estimate showed that the US economy expanded at an annualized rate...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects