Apocalypse when
Article Abstract:
Hugh swings in the financial market led many investors to believe that the global markets would experience a down-turn. Key US and European indicators are signaling contunued strength, but unlike Asia and Europe, the US is headed toward record deficit in terms of current account imbalances. For the first time since the depression American's savings are at negative balances. In Japan, interest rates are in the negative.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1998
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The beast is back
Article Abstract:
The optimistic opinion that business cycles are over is being challenged by the current global economic crisis. The fall of the US dollar against the yen in Oct 1998 and the volatility of the stock market are symptoms of the real state of the world economy. The Federal Reserve 25 basic points cut in short-term interest rates is seen as the beginning of further such cuts. The global situation is analyzed.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1998
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The nimble bull market
Article Abstract:
Neither Asia or Latin American is expected to give the global economy a boost and in Europe the outlook is not rosy. What appears to be driving the economy is easy monetary policies adopted by central bankers. Liquidity is funding the momentum and there is no way of predicting how high the market will go.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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