Rising to the Challenge of Stagnant US Wages
Change must be embraced if the United States is to adapt to the new normal of globalized wealth.
Canada Economy Heads for a Wake-Up Call in 2014
Ronan Keenan discusses soft spots in the Canadian economy as the loonie continues its slide from parity.
The US Should Stop Calling Ukraine’s New Government ‘Legitimate’
Overlooking the non-democratic aspects of Ukraine’s recent political transition harms the promotion of democratic values worldwide.
Growing Pains for China’s Financial System
A corporate default is rarely reason to celebrate, but nor is it always a sign of impending crisis.
Economic Trends to Watch in 2014
2013 turned out to be a pleasant surprise for global markets, spurring optimistic forecasts for the year ahead. 2014 will likely be a better year for global growth and many near-term risks have dissipated. Yet such upbeat sentiment should not distract from the political dysfunction and absence of progressive reform policies in some of the world’s most significant economies.
Why a Fragile US Economy Isn’t Impacting Stocks – For Now
The outlook for US economic growth remains positive for 2014, but not strong. Most forecasts fall below 3%, yet the absolute level of growth won’t impact the stock market. Instead, momentum, central bank action, earnings and data surprises will likely dictate movements.
Eurozone: Stability in 2013, Aggressive Action Later
Financial markets should maintain a favorable view of the eurozone into 2014 as exports help steady, if slow, growth. But the time will come when slow growth is not enough, forcing the ECB into a standoff with Germany over aggressive stimulative actions. It may have been avoided if smaller measures were made earlier.
The Slow and Steady Rise of the Chinese Yuan
Exploring the future prospects of what many believe to be an up-and-coming global reserve currency.
