Summary: The Economic Cycle Research Institute (ECRI), who correctly predicted the slow recovery, looks at the multi-year slowing in the economies of the developed nations — its causes (the world is becoming Japan) and likely consequences. ECRI’s Simple Math Goes Global ECRI, 20 June 2016. Reposted with their generous permission. The risk of a global …
ECRI explains the global slowdown, and what lies ahead Read More »
Summary: The Economic Cycle Research Institute (ECRI), who correctly predicted the slow recovery, explains the slow growth in which the US and Japanese economies are mired, and the fantastic monetary experiment waged by central banks to prevent them slumping into recessions. Appreciate the wonders of our time. The recovery since 2008 has been difficult for …
ECRI looks at our Great Monetary Experiment: It’s Too Big to Fail Read More »
Summary: The great struggle to manage or even control oil prices again dominates the world economy and the news headlines. Yet even the basics are poorly understood, cloaked in myths and misunderstandings. Here is a quick sketch of how the oil boom brought us here, how the bust will end, who will win, and what …
The oil bust will deepen before prices skyrocket. Even wilder swings lie ahead. Read More »
Summary: How close is the US economy to a recession? Here we review the evidence and draw a firm conclusion. {1st of 2 posts today.} The financial press overflows with confident forecasts about everything from individual stock prices to the fate of the overall economy. It’s usually difficult to reliably predict such things with useful …
Summary: Again, as so many times since 2000, oil prices dominate the news and shake the financial system. As usual, the news mixes fact and conjecture, wisdom and nonsense. Here’s an introduction to the basic facts, and a strong forecast about the future of oil prices. . Contents The big picture. How big are these …
What’s causing the crash in oil prices? What happens next? Read More »
