Why is the euro area slowing? My Weekly column
This post is available in pdf format My weekly column – January 15th The euro area economy is slowing and could even see a contraction around the end of 2018…
A dynamic and cyclical approach to the global economy
This post is available in pdf format My weekly column – January 15th The euro area economy is slowing and could even see a contraction around the end of 2018…
Theresa May’s defeat in the British Parliament is historic with a gap of 230 votes (432 votes against 202 against). The text that was validated in November by the British…
For French households, the future has darkened during the last two months. The household confidence index plummeted in December and households’ perception of their own situation or that of all…
The horizon darkens faster than expected in the Euro zone. The German figures published this morning (January 8) suggest that the economy is heading towards recession (its GDP had already…
Recent data on the German industrial production show a rapid drop in the economic activity. The quarterly change was already at -5.5% in the third quarter (annual rate). At the…
Bottom line: the cost of public debt may be substantially smaller than current consensus. Therefore austerity policy is never the answer as it is too costly Olivier Blanchard presidential address…
ISM index dropped: a healthy adjustment.In the USA, the fall of the ISM may reflect a return to a more normal situation? For many months, this indicator for the manufacturing…
Hello 2019 will be exciting on the economic and financial ground. It has, from the outset, its share of uncertainties but will have, throughout the coming months, unexpected surprises. It…
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