Voodoo Economics
I am thrilled to report to you that our economy is the best it has ever been (Trump’s 2020 State of the Union Address) This sentence starts one the first…
Philippe Waechter's blog
World trade at risk
The freight price dropped dramatically in recent weeks. It’s a consequence of the epidemic but may have huge impacts on the global economy
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The Brexit is done and could lead to a rapid change
The main question after the launch of the Brexit, last Friday, is to know how things will change and at which speed. In a recent post on my blog I…
Baltic Dry Index, Trade war and Coronavirus Coming this week (Feb.3 – Feb.9) and Brexit and weak business cycle What to keep in mind from last week (Jan. 27 – Feb.2)
Baltic Dry Index and Trade War, Coronavirus, US Employment, Business Surveys and German Orders – Coming this week (Feb3-Feb9) – Brexit, US GDP and US Euro Area – What to…
On Brexit day…uncertainty still remains
The United Kingdom will officially leave the European Union tonight. The country made a political choice – rather than an economic decision – when its people decided to exit the…
French GDP shrinking in the last quarter
Activity contracted during the last 3 months of 2019. Growth for 2020 promises to be more difficult.It will be less than 1% after 1.2% in 2019. French growth was negative…
UK leaves the EU; FOMC and BoE – Coming this week (Jan 27-Feb.2) and ECB and Coronavirus What to keep in mind from last week (Jan 13 – Jan 19)
UK leaving the EU, Federal Reserve, US GDP, Euro Area GDP, French GDP, IFO, ECB, Coronavirus Highlights The UK will leave the European Union next Friday. It’s sad news for…
Investment funding falters in the eurozone
The ECB survey on the supply and demand of credit from banks suggests that credit conditions change little vis-à-vis businesses and appear marginally less accommodating towards households; especially on real…