Chinese growth rethought by the authorities
For many months, since its exit from confinement, the Chinese economy has been worrying. Its growth is weaker and it is worrying because without resolving the imbalance in the real…
Philippe Waechter's blog
The changing globalization
Globalization is the framework that has long agreed to understand the world and its evolution.Since the fall of the Berlin Wall, there is the idea of a world that would gain in…
Growth and inflation in China argue for a very accommodative monetary policy
The slowdown in growth and the very low inflation in China will lead to the implementation of a very accommodating monetary policy. This has already started and will continue throughout…
Inflation – Have central banks lost control?
Central bankers are meeting this week. The Fed will give its verdict on Wednesday while the ECB and Bank of England speak on Thursday.This series of meetings comes as inflation…
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 Yesterday to Today – October 20 – China and the rest of the world
The Chinese economy is normalizing. The health alert phase has passed and growth is resuming. It is rather self-centered and is no longer a source of strong impetus for the…
Europe must choose its philosophy
The European Commission will have to choose between the Franco / German plan and the proposal of “frugal four”. The choice will shape the trajectory of Europe for the years…
The downturn trend in oil price will not reverse
The question on oil is simple: demand has dropped by 30 million barrels / day & inventories are overflowing. If production is cut by 10 million it will not reverse…