Swastik Das

16 Flips | 2 Magazines | @SwastikDas2015 | Keep up with Swastik Das on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Swastik Das”

There's a part of China's economy that's making less sense every day

Investors in the US are scratching their heads because of the resilience of the stock market. Earnings have been crappy for quarters and guidance is equally crappy, yet here we are hitting market highs.<p>It's weird. Some — actually many — are calling it complacency.<p>In China, another asset class …

Continued cooling for China's economy forecast

China’s economy seems set to continue cooling.<p>The latest survey of economic analysts has them predicting growth of 6.6 percent in the period from April to June, down from 6.7 percent in the first three months of the year.<p>The expected April-June growth rate would be the weakest since the first …

Economics

IMF: Brexit fallout will shave eurozone growth in 2016, 2017

WASHINGTON (AP) — Britain's decision to leave the European Union will trim economic growth this year and next across the 19 countries that share the …

Can We Ignore the Alarm Bells the Bond Market Is Ringing?

The financial media tend to report breathlessly about what the stock market did yesterday. But savvy economic analysts have always known the bond market is the place to look for a real sense of where the economy is going, or at least where the smart money thinks it is going.<p>And right now, if the …

Don't trust Chinese economic data? A new source is coming

If you're skeptical about China's official economic data, another option is on its way.<p>Chinese Internet giant Baidu is diving into the vast amount of data it collects in an attempt to give the world a clearer picture of the world's second-largest economy.<p>Baidu is China's leading search engine and …

Trump Could Trigger The Longest Recession Since The Great Depression, Report Says

Yikes.<p>Donald Trump’s economic policies are so bad that they would produce the longest U.S. recession since the Great Depression, a report from economists at Moody’s Analytics found last week.<p>Assume, as the economists did, that Trump could implement his key economic policies -- tax cuts skewed …

Global economy firm as Brexit shock hits

This month’s regular report from the Fulcrum nowcast models comes just before Brexit has had time to impact global activity indicators. There is no …

Carthaginian Naval Warfare

The Carthaginians were famed in antiquity for their seafaring skills and innovation in ship design. The empire their navy protected stretched from …

Ancient History

Asian stocks slip as investors await China data, Fed meeting

HONG KONG (AP) — Asian stock markets slipped Friday in holiday-thinned trading as investors shied away from risky assets before the release of …

Globalization's True Believers Are Having Second Thoughts

<i>Foroohar is an assistant managing editor at TIME and the magazine’s economics columnist. She’s the author of</i> Makers and Takers: The Rise of Finance …

Should US Fed Policy & China's Currency Direction Alarm Investors?

Financial markets have begun to price in a higher possibility of an interest rate hike in the US later this summer. And, the consequent rebound in the US dollar has once again shone the spotlight on China’s currency, the Renminbi (RMB). But should investors be overly worried about a mix of a future …

Chart shows China’s debt bubble bigger than subprime bubble

Here’s yet another sign that China’s economy may be teetering on the brink of a massive debt crisis.<p>Unproductive debt in China—that is, debt that’s …

The side effects of negative interest rates are 'fanning out across the globe'

No one knows what the consequences will be down the line. No one has ever gone through this before. It's all a huge experiment in market manipulation. We have seen crazy experiments before, like creating a credit bubble and a housing bubble in order to stimulate the economy following the 2001 …

The Bearable Lightness of Debt – Or, How I Learned To Stop Worrying And Love Low Interest Rates

2016-05-26T17:15:29.000Z<p>By: Robin Wigglesworth<p>The unabated rise in global indebtedness periodically causes spasms of angst and chilling headlines …