After more than a year of recession and a decline greater than forty percent in some financial indices, are we making any progress to the upside? To identify progress we first identify where we are now in the economy. Second, we address the question of whether we have reached a bottom, and which indicators we [...]
Read more DownloadBottom line, for the next two year’s we expect China’s robust growth to be a solid underpinning to demand for commodities of all sorts, sustaining the growing global interest in them as an asset class.
Read more DownloadThe factionalization (new word) of America is becoming absurd. US News & World Reports reported that McCain made a great move talking about his shopping at COSTCO. Pollster Zogby says that COSTCO’s mainstream customers are must-wins in the fall election campaign. Zogby noted that McCain still needed to win the more conservative WalMart shoppers.
Read more DownloadIn general terms, one may say that the Baltic States achieved really an impressing performance since their independence in the early 1990s. Nobody thought at that time that EU membership could be possible already in the year 2004. Indeed, the EU adaptation process meant a lot to the economic development in the past ten years [...]
Read more DownloadLooking beyond the current turmoil in global capital markets, that longrunning subject — what outlook for the dollar? — seems likely to involve further decline in its value against the euro and other major currencies.
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