Failure of the negotiation with Greece
May be will it be next Monday? It’s the conclusion we can have after the failure of the negotiation between Greece and its Eurogroup partners (finance ministers of the Euro…
Philippe Waechter's blog
My Daily Column – Confusion in Emerging Countries
There is confusion currently on markets and mainly on emerging markets. This implies sometime strong and brutal adjustments. Last night, such an adjustment has been seen in Russia when the…
My Daily Column – Income Distribution and Growth
Income distribution is currently a major topic as the crisis has persistent effects. We remember during fall of 2011 the “Occupy Wall Street” movement. More recently Thomas Piketty‘s book gave…
ECB: The need for a QE
The ECB will have to go beyond the monetary policy measures that have already been announced. It will not probably be at today’s meeting as the next TLTRO operation is…
Daily Column – Economic Momentum in November
The global economic outlook was still much contrasted in the manufacturing sector at the end of November. That’s the result of PMI/Markit and ISM surveys. The first point to mention…
My Daily Column: Euro Area – Elements for a recovery
Every morning I record a podcast in French (see here) on a specific topic. The text below is the translation of this morning podcast. The combination of a more competitive…
My Daily Column – Lower oil price: A really good news
Every morning I record a podcast in French (see here) on a specific topic. The text below is the translation of this morning podcast. The drop in oil price will…