This Great Graphic comes from the David Cooper at Economic Policy Institute. It depicts the number of people that are in poverty according to the Supplemental Poverty Measure (SPM) of the US Census Department and shows...
This Great Graphic shows how the average income and population by racial group changed during the life of Nelson Mandela. It comes from The Economist. It illustrates a sad fact. Income disparity in South Africa is...
This Great Graphic was posted on CNN by Sophia Brown. It shows the results of last year’s test, conducted by the OECD. Its initiative, the Program for International Student Assessment (PISA) tests more than...
The macro picture remains largely unchanged. Janet Yellen is expected to lead the Federal Reserve into a new phase by beginning to taper its long-term asset purchases early next year. The ECB is expect to move in the...
European banks continue to be engaged in deleveraging. It is partly driven by new capital requirements and partly by preparing for the next year’s ECB’s asset quality review and stress test. The deleveraging...
The financial conditions in Europe do not appear supportive for the regional economy that has graduated from contraction to stagnation. Money supply growth is slow. Lending to businesses and households continues to...
The ECB meets next week. After cutting the repo rate by 25 bp earlier this month, and officials playing up the scope for additional action, expectations are elevated. However, when everything is said and done, more will...
Reports indicate strong Bitcoin interest in China. BTC, the China-based Bitcoin exchange accounts (trading a third of all Bitcoin transactions, while China may account to close to half of the daily turnover, ...
At the start of the year, flows leaving the emerging markets appeared to go to the US and Japanese equities. In the summer, as the euro area PMIs signaled a recovery, many fund managers were caught under-weight...
Nearly every one realized that the Third Plenary session of the Chinese Communist Party was important. It ended today and the local markets closed and yet it will take some time for true significance to be appreciated and...