What should we make of Republican policy makers’ and President-Elect Donald Trump’s plans for higher spending and various tax cuts? Find out in the latest #Fidelity research note written with Dierk Brandenburg
Available here
I found this very cool slide deck by professor Ed Dolan, explaining in very simple terms Quantitative Easing as done by the Fed from 2008 to 2014. A textbook model explaining what worked and what did not. Enjoy!
Check out some of Dr. Dolan’s other posts on his blog, available here.
I don’t really want to come across as a fear monger, but this infographic is really worth checking out…
Quoting ValueWalk.com
In today’s insanely connected world, the ability to create and burst market bubbles is even more amplified. For those uninitiated, a bubble is when speculation in a type of security inflates the price far beyond the fundamentals allow. While they can go for years or even decades, eventually reality takes hold and the bubble can crash in a much shorter time frame. In just the last 15 years, two notable bubbles were popped in the Dot-Com and housing markets.
Anyone who has some international travel experience knows that airports provide visitors with the first impression of a host country, and first impressions matter.
I must have travelled to the U.S. about 10 times, but I still remember vividly the first time I flew over to New York JFK. When I got there, I was welcomed by a sense of chaos, queues, and of a place that felt generally “old”, as did the rest of the United States infrastructure. Airport runways, roads, railways were and still are far below the standards expected from a country that’s seen by many as the centre for innovation, where stuff gets “done” and when, if something does not work, it gets fixed.
The discussion about the States’ crumbling roads and bridges and inadequate airports and railways is not new, but little has been done by a stalling Congress to address the issues, as the ballooning deficit eats into the funds required to maintain, let alone improve the existing network.
It is no surprise, therefore, that the latest Report Card for America’s Infrastructure, issued by the American Society of Civil Engineers every 4 years, gives the US a disappointing D+.
Source: Financial Times; ASCE
The issues that need to be solved are several Continue reading
This week’s FOMC meeting got quite a few observers worried that the market might be pricing in too benign a path for US rates when compared to the median forecasts for Fed Funds issued by the Committee for the next two years.
As markets start getting a little jittery, three themes in particular have caught my attention, amidst the ton of material that has been published over the last few days. Here’s an overview, with links to all relevant references. And no, I won’t mention Scotland… Continue reading
MacroCentral.com 