Chinese Exports: an extended slowdown
The growth of the Chinese economy is constrained by the global economic cycle and can not find a relay through its internal demand.China will have to negotiate with the USA…
Philippe Waechter's blog
What to expect this week ? December 2 to 8, 2019
Christine Lagarde at the European Parliament on December the 2nd. Markit and ISM surveys, German industrial orders, the Chinese external trade and US employment. The COP 25 in Spain. Highlights…
The US economy’s worrying change of pace – My Monday column
Is the US economy’s current pace set to trigger major imbalances, disrupt the current cycle and spark off a significant downturn in economic activity? The stockmarkets’ severe recent downturn reflects…
US, Japan UK, France – What to keep in mind on Tuesday
Five points to keep in mind Minutes of the Federal Reserve The good thing with the minutes of the last meeting of the Monetary Policy Committee of the Federal Reserve…
The importance of oil – My weekly Column
First graph – A lower oil price will drive inflation rates down With Iran back on the oil market, the price dropped below 30 dollars for a barrel. This could…
France and Germany : running at different speeds
Are the dynamics of the French economy really very different from Germany? Recent history has proven that this is the case. Since the low point of the recession in 2009,…