Global
Data Round-Up: Private Payroll Jobs Gains, U.S. Exports Remain Quite Strong
written by Michael Lewis on July 06, 2018
FMI’s analyses of today’s June Employment and May International Trade reports.
The Trump 'Trade Wars' Timelines
written by Michael Lewis on July 13, 2018
FMI’s review of the timeline for the Trump “trade wars.”
Data Round-Up: Export & Import Inflation at Six-Year Highs
written by Michael Lewis on January 10, 2018
FMI’s review of December U.S. Dollar and Trade Prices results.
The U.S. Dollar and International Economic Conditions
written by Michael Lewis on March 31, 2017
FMI’s end-of-the-month materials for U.S. dollar analysis
Trump's Dilemma - Balancing Promises to Suppoerters with Need to Avoid Recession
written by Richard Katz on November 22, 2016
Key points: - If Trump fulfills plans to deport 11 million illegal aliens, launch trade war with China and Mexico, and perhaps withdraw from NAFTA, it could spark serious recession - But failure to take action could lead supporter to regard him as another phony - Stock market and most economists are betting Trump will not fulfill these plans - His big tax cuts are seen as bullish: stimulus to economy from tax cuts will more than offset drag caused by rise in interest rates and the dollar - Economists still a bit higher growth under Trump than Clinton in 2018 (2.3% vs. 2.0%) - Dollar index vis-à-vis all trading partners has spiked to 15-year high, including weakening of yen back to ¥110/$ - Reason is widening gap between US and Japanese interest rates
TPP on the Ropes, Part 3
written by Richard Katz on September 12, 2016
Key points included in this part three of the report are, - Hatch says “progress” in talks with White House on 12 years for biologics, but he said something similar in the spring and it went nowhere - Hatch claims some TPP countries will to go to 12, but informed sources call this “unrealistic” - Not clear whether Obama Administration is even asking anyone for 12 years - Number two and three GOP leaders in Senate (Cornyn and Thune) seem unaware of any WH-Hatch talks, and say concessions on tobacco also needed; Thune says “odds are not good” - Hatch says, even with biologics solution, hard to get ratification - How could Froman ask other countries to make new concessions if he cannot reassure them it will lead to ratification?
China's Trade and Investments Relations with CEE and Russia: a Focus on Energy
written by Nikolai Tagarov on January 01, 2013
China's current leadership transition is an issue. Economic growth is no longer the top priority. Therapy for the real-estate tumour might be painful. New leadership is serious dealing with corruption.
European Institutions' Infrastructure Investment Cooperation with China
written by Nikolai Tagarov on February 24, 2016
CEE countries in particular are underinvesting as they were hard hit by the 2008 crisis and FDI inflows dwindled. This is often due to government indebtedness levels; banks’ unwillingness to take on risks. However, in CEE quality of regulation and transparency have increased due to the need to attract private sector investment in the sector (EBRD Transition Report, 2015-2016). In 2015, development of PPP legislation, procurement and anti-corruption; important for attracting funds into infrastructure projects.
Brexit Financial Panic Should Abate Soon; Little Macro Damage
written by Michael Lewis on June 24, 2016
FMI’s Commentary on the Brexit vote and its economic consequences, or lack thereof
The Oriental Economist - June 2016
written by Richard Katz on June 17, 2016
The Oriental Economist June 2016 Issue topics cover Nurturing entrepreneurs, UH election prospects, Foreign Firms in Japan, Economy Watch, Losing steam among voters, Mr. Obama goes to Hiroshima.
