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Ups and downs

May 26th, 2010

Free exchange Global recovery R.A. | WASHINGTON Another look at the state of global recovery Images:  VIA the Big Picture, here’s a chart from Doug Short tracking market index moves: Just looking at markets you’d think, and you’d probably be right, that things are better than they were a year ago, but looking a bit [...]

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How is the world economy doing?

May 26th, 2010

Free exchange Global recovery S.D. | LONDON Tracking the recovery ESWAR PRASAD (of Cornell and the Brookings Institution and occasionally Free exchange) and his Brookings collaborator Karim Foda have developed a new series of indexes they call TIGER (Tracking Indexes for the Global Economic Recovery). These are time-series charts of growth rates for things like [...]

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Good news and bad news

May 26th, 2010

Free exchange Global recovery R.A. | WASHINGTON The OECD reports on global growth Images:  THE Organisation for Economic Cooperation and Development has released its latest global economic outlook, updated since last November. In general, the OECD sees an economic picture far more promising than was the cast last autumn. Output rates in 2010 were revised [...]

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The World Economy in a Nutshell

May 26th, 2010

Thanks to Tim Schilling for the pointer.

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Modesty, Gradualism, Balance

May 26th, 2010

A couple years ago, I participated in a panel discussion on libertarianism in Mike Sandel’s Justice class, along with my friend and colleague Jeff Miron.  Jeff is a true libertarian, and he defended that position with gusto.  By comparison to Jeff, I seemed lacking in conviction.  I described myself as a “libertarian at the margin.”  [...]

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The bust’s second act

May 25th, 2010

Free exchange Housing markets R.A. | WASHINGTON Can housing markets avoid renewed decline? Images:  FOR a brief moment last fall, it looked as though the American housing sector might not be the persistent economic drag economists had feared. Home prices and sales leveled off and began climbing. Construction did the same. In the third and [...]

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A different take on deflationary pressures

May 25th, 2010

Free exchange Global recovery R.A. | WASHINGTON Is rapid supply growth the answer? DAVID BECKWORTH surveys the crowd of economic writers wringing their hands over lagging inflation and says that they’re wrong to see a new crisis looming. Retail sales data in America don’t indicate that falling prices are due to falling growth expectations. [B]oth [...]

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Swish!

May 25th, 2010

Free exchange Diversions R.A. | WASHINGTON Two points for Tim Geithner AMERICA’S treasury secretary has been practicing a little diplomacy on the Chinese court: Financial markets rose on the made basket, but reversed themselves on the miss. (Via Business Insider)

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Dip warning

May 25th, 2010

Free exchange Global recovery R.A. | WASHINGTON The prospects for global growth look shaky GLOBAL markets are having another bad day today, spurred on by news of trouble for Spanish banks and, worrisomely, heightened tensions on the Korean peninsula. Asian and European stock indexes are off around 3% on the day, and futures in America [...]

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The Largest Duty-Free Safe Storage Area in the World

May 24th, 2010
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A perfect place to store gold bullion offshore? We expect gold storage operators will be opening shortly in the Singapore free zone. Peter Macfarlane reports below… It’s not just money that Swiss banks have been haemorrhaging lately (as reported in our last Q Bytes). As Swiss and other private banks are increasingly moving asset protection [...]

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