Rohit

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We must rethink globalization, or Trumpism will prevail

Rising inequality is largely to blame for this electoral upset. Continuing with business as usual is not an option<p>Let it be said at once: Trump’s victory is primarily due to the explosion in economic and geographic inequality in the United States over several decades and the inability of successive …

BILL GROSS: The economy is 'a Monopoly board,' and everybody is losing

In his latest investment outlook on Wednesday, Gross said credit creation had reached its limits and there was nothing central banks could do about it. This means the global economy, which Gross said is based on credit creation, in turn is slowly grinding to a halt.<p>To illustrate his point, Gross …

Economics

What's India Got Over China? Plenty.

More emphasis on services than manufacturing has served India well.<p>To continue reading this article you must be a Bloomberg Professional Service Subscriber.<p>If you believe that you may have received this message in error please let us know.

India

Xi Jinping has changed China’s winning formula

Politics in the west are so dramatic at the moment that China can look relatively staid and stable by comparison. But that impression is deceptive. …

These 2 powerful charts show the problem the Fed faces

The Federal Reserve (Fed) faces a big challenge as it seeks to raise interest rates this year: The central bank already missed the "window of opportunity" for normalizing rates in a manner that doesn't hamper the recovery.<p>This is evident when you take a close look at two charts depicting …

Markets

These 9 Charts Explain The Global Economic Slowdown -- And Why Central Banks Can't Fix It

GDP growth has only two basic components: growth in productivity and growth in the workforce size. That’s it. There are two and only two ways you can grow an economy: increase the (working-age) population or productivity.<p>There is no magic fairy dust you can sprinkle on an economy to make it grow. …

Economics

Warnings mount on world's corporate debt, China crisis

Corporate debt has reached extreme levels across much of the world and now far exceeds the pre-Lehman financial bubble by a host of measures, the global banking watchdog has warned in a deeply-disturbing report.<p>“As the credit cycle ages, following years of record-setting bond issuance, there are …

Emerging Markets

These 9 charts explain the global slowdown and why central banks are powerless

GDP growth has only two basic components: growth in productivity and growth in the workforce size. That's it. There are two and only two ways you can grow an economy: increase the (working-age) population or productivity.<p>There is no magic fairy dust you can sprinkle on an economy to make it grow. …

Economics

France’s economic woes in charts

As the world faces a slowdown in economic growth, we look at what is happening in France and it’s not looking good.<p><b>France is one of the worst</b> …

Just How Big Is China's Impact On The World Economy?

How big of a deal is China?<p>Just ask Tata Steel, Vale, Rio Tinto. The list is long of steel makers and iron ore exporters that have been crushed by Chinese oversupply.<p>About 15,000 British jobs are at risk if India-owned Tata Steel cannot find a buyer for its U.K. plants, including the heavily …

Tata Steel

Is the global economy snapping back into gear?

Just when it all seemed very bleak, the global economy has shown some tentative signs of a rebound in recent weeks. The improved data significantly …

Economics

Here's what spooked China on Sunday night

In other words, we're talking about deflation here, people.<p>The number to watch is China's producer-price index, or PPI, which monitors wholesale prices for companies. It came at -5.9%, holding stable from November but still looking grim and missing expectations of -5.8%.<p>This is also the 48th …

Economics

GUNDLACH: 'Now is not the time to be a hero'

Gundlach spoke to investors on January 12, which was his annual "Just Markets" conference call. He is the founder and chief investment officer of Los Angeles-based DoubleLine Capital.<p>The slides from his presentation are available here.<p>"Now is not the time to be a hero," he said. "This is a market …

Markets

Zombie ships send maritime freight into worst crisis in living memory

Cheap debt, the China slowdown, and a glut of ships have seen the Baltic Dry Index plummet to its lowest level in more than 30 years<p>The shipping industry is facing its worst crisis in living memory as years of rapid expansion fuelled by cheap debt have coincided with an economic slowdown in …

Economics

Low Oil Prices Are No Longer Seen As Good For the Economy

After flirting with breaking below $30 per barrel, oil decidedly broke that threshold at the end of last week, deepening the unrelenting losses the …

Economics

Goldman Sachs rethinks its stock market outlook because of something that hasn't happened in at least 48 years

Goldman Sachs is the latest firm to warn its clients that tumbling oil prices are bad news for stocks.<p>"We lower our S&P 500 [earnings per share] forecast by $3 to $106, $117, and $126 for 2015, 2016, and 2017, reflecting annual growth of -7%, +11% and +8%, respectively," Goldman Sachs' David Kostin …

Markets

This could be the next domino to fall due to low oil prices

Petro-economies with flexible exchange rates have already seen double-digit declines in the value of their currencies over the past year, in percentage terms. But with crude now at 11-year lows, pressure is also mounting on a range of currency pegs. The futures contract for the value of the Saudi …

Christine Lagarde

The 2016 global economy explained in 7 charts

That said, it's impossible to know for sure how the year will go. Investors will find it tricky to navigate.<p>Alan Mudie, head of investment strategy at Societe Generale Private Banking, and his team have broken the major themes into a huge slideshow presentation.<p>We've selected a few slides we think …

Economy

Inflation is still not returning to the eurozone

Price growth remain stuck at 0.2pc in December, prompting talk of more monetary stimulus from the ECB<p>The eurozone is struggling to generate inflation ten months into an unprecedented monetary policy experiment to jolt the single currency into life.<p>Inflation continued to disappoint expectations in …

Economy

There's one huge indicator pointing to a recession this year

<i>Égorger vos fils, vos compagnes! / To cut the throats of your sons, your women!</i><p><i>Aux armes, citoyens / To arms, citizens</i><p><i>Formez vos bataillons / Form your battalions</i><p><i>Marchons, marchons! / Let's march, let's march!</i><p><i>Qu'un sang impur / Let an impure blood</i><p><i>Abreuve nos sillons! / Soak our fields!</i><p>PARIS - And …

Markets

The 16 most powerful people in finance

To determine the ranking, we considered more than 100 of the most influential players in business, politics, and entertainment and evaluated their influence using metrics in four major areas: economic power, command, newsworthiness, and impact — a subjective measure that captures how important they …

Markets

This amazing Goldman Sachs chart shows how tech companies have come to dominate the world

Goldman Sachs released a huge note full of great charts for clients, including an end-of-year financial crossword.<p>One of the more eye-catching graphics is of the top 20 companies by size, charted for the past 10 years.<p>It shows how 2015 marked the first time the top three largest companies in the …

Markets

Goldman Sachs' entire outlook for the markets and the economy in one giant slide

Goldman Sachs is more or less optimistic on US stocks as we head into 2016.<p>The bank's strategists summarized the bank's forecasts for major global markets and US economic data on Friday in a weekly note to clients.<p>According to chief equity strategist David Kostin, the S&P will hover around 2,025 in …

Markets

Grey Swans Rising - All 6 Of Goldman's Global Risk Indices Are Worsening

Let them eat pie.<p>by Tim Knight from... - Nov 25, 2017 7:43 PM<p>Do cryptocurrencies represent the last bastion of an honest market?<p>Thank heavens for …

6 factors that will shape the global economy in 2016

2016 will be a challenging and difficult year for the global economy.<p>Global growth is picking up somewhat after a number of weak years. A global GDP growth rate of 3.5%, the latest IMF forecast, is lower than the 4.5% average that preceded the decade before the great recession, but it is better …

Economy

EURO SINKS, STOCKS GO NOWHERE: Here's what you need to know

First, the scoreboard:<p><b>Dow:</b> 16,411.68, +60.30, (0.37%)• <b><br>S&P 500:</b> 1,955.62, +6.76, (0.35%)• <b><br>Nasdaq:</b> 4,743.63, -6.35, (-0.13%)<p>And now, the top stories on Thursday:<p><b>DON'T MISS: THIS IS IT: We're hours away from the jobs report that could change the game for the Fed »</b>

Markets

MyWay

China syndrome: how the slowdown could spread to the Brics and beyond

Emerging markets, once the world’s great economic hope, could see the good times end as Beijing falters. We look at which countries are most vulnerable to the 21st century’s next financial crisis<p>Tumbling share prices. A sell-off in commodity markets. Capital flight from some of the world’s riskier …

Economics

Stock market correction could be the new financial crisis

The FTSE 100 index peaked on 27 April, just before the general election, and has been on the slide ever since. It is now down more than 10% from its peak, so fulfilling the definition of a correction.<p>On the face of it, there seems to have been no real reason for the slide in the FTSE 100 over the …

Stock Markets