Quote of the day

“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes

Wednesday 4 March 2015

More on the US data scenario

The debating team did very well with TTIP, questioning the value of entering a trade agreement with an economy that is showing signs of stress. What, the US, you ask? Surely the data is strong, there is talk of a rate hike and "normalisation" of monetary policy... Sometimes you have to go elsewhere for the macro view; here is a chart of macro indicators, with the indicators below. These paint a far less rosy picture:


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