Bond Crash Alert in US?

The great question is whether the world economy really is at the start of a fresh cycle of growth, or whether the roaring asset rally of the last few months is another false dawn driven by central bank liquidity that is failing to gain economic traction.  The International Monetary Fund’s said this week that the world economy is not yet out of the woods. “It is clear that financial markets are ahead of the real economy. The question is whether they are too much ahead or not, whether we are seeing a bubble,” said chief economist Olivier Blanchard.  Article

Bond Crash Alert in US?

Bond Crash Alert in US?

 

Women MIA in Davos World Economic Forum

Despite a new quota system demanding that the largest members send one woman for every four men, just 17% of the 2,500 delegates are female. Despite a push to encourage more women on to panels to discuss the issues of the day, just 20% of those invited to do so are women. The majority of panels, especially on key economic topics, are still dominated by (white) men. Article

World Economic Forum in Davos

*MIA is “Missing In Action”

Dutchman to head EuroZone Finance

Announcing his candidacy on Thursday, Dijsselbloem told Dutch lawmakers he wanted to broaden out the Eurogroup’s agenda beyond discussion of crisis measures and bailout countries.  “It has to be broadened out to include economic co-operation and reinforcement,” he said, adding that reforms were needed in virtually all the countries of the eurozone.  This conciliatory style marks a break with the blunt style of his predecessor, Jan Kees De Jager, who ruffled feathers with his demands for fiscal discipline in the eurozone periphery.  He has carrots to go with the sticks. In December, he promised Dutch lawmakers he would help Greek tax authorities deal with tax dodgers by sending them details of hundreds of Greek yachts anchored in Dutch ports…Article

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Top ten quotes of the day from Davos

After a day of discussions ranging from the future of Russia to what the West Wing tellsTop ten quotes of the day from Davos us about intelligence, here are some of the day’s highlights…article

“Europe faces issues, but its destiny shines through the smoke and fog. I’m optimistic about Europe’s future”

“Unless we take action on climate change, future generations will be roasted, toasted, fried and grilled.”
Christine Lagarde