US stimulus, rising rates, the dollar and the euro area
With US yields rising, the rest of the world follows in their wake.This surge is driven by two factors: 1 – the swift upturn in oil prices, which translate expectations of…
Philippe Waechter's blog
From Today to Tomorrow – January 14 – The matter of public debt
Swiftly expanding public debt to support macroeconomic adjustment is entirely warranted to tackle the pandemic, and this process is facilitated by mammoth intervention from the central banks. Meanwhile, low interest…
From Today to Tomorrow – January 11 – Best wishes for a happy and healthy new year in 2021 – Forthcoming trends
I wish you all a very happy and healthy new year. May you and your loved ones start the year ahead in the best possible circumstances. This year is set…
From Today to Tomorrow – December 22 – The three ruptures of the health crisis – We must rebuild the economy
The health crisis was a life-size experience. As a result of active economic policies, economies have been resilient. But three ruptures will change the economy of tomorrow.The first is the…
From Today to Tomorrow – November 19 – Gold, the US real rate and German exports
The rise in the price of gold was halted by improving prospects for the US economy and society. Last summer price of $ 2000 was probably excessive. But this is…
From Today to Tomorrow – November 18 – A New Global Equilibrium
The new free trade treaty is between Asia and China, the precedent should have been between Asia, excluding China, and the USA. Donald Trump decided otherwise upon his arrival at…
2 hours ago
RT @MonEpargneEtMoi: Si la #crisesanitaire demeure un sujet brûlant, d'autres viennent s'ajouter, notamment les élections en #France et en…
1 day ago
RT @gcalignon: Un surcroît d'inflation peut faciliter la transformation de l'économie en sortie de crise. Ce sera un peu moins dur aussi de…
2 days ago
Cette décomposition de l’inflation US par le @WhiteHouseCEA montre le caractère exceptionnel de la poussée inflationniste du printemps. L’inversion du mois d’août est spectaculaire. Ceci renforce le caractère transitoire de la poussée de l’inflation. Pas d’urgence pour la Fed
2 days ago
Le pic de l'#inflation semble passé aux #US. Les contributions des biens & des services s'infléchissent et celle l'énergie reste élevée. L'impact des subventions Biden commencent à s'estomper. Cela va continuer. Aspect temporaire de l'inflation souligné par la Fed
2 days ago
RT @OstrumAM_FR: ⊙ Découvrez le résumé de nos points de vues sur l'#économie, la stratégie et les marchés financiers dans notre publication…
6 days ago
Les échanges avec la Chine ne provoquent plus la même expansion pour l’Allemagne. L’impulsion chinoise s’essouffle t.co/P2vJVWnAQd via @phil_waechter