Economic Overviews

The extremely optimistic assumptions on which both of the recent International Monetary Fund's 'World Economic Update' and 'Global Financial Stability Report' are based are such that, given all the attendant circumstances, I do not place much weight on either of them. Here is a summary of what the reports have to say and why I have come to that conclusion. Words: 625

Natixis, the French investment bank and asset manager has determined that the safest country - the country whose bonds are really risk-free - is Sweden, the only one to score a perfect 5. Where do the U.S., Canada, the U.K., Australia and other major countries rank. Take a look.

One can barely keep up with what is going on here in Argentina, since each day brings more 'new' government dictates, rules and initiatives which all seem to share the same features - dumb and dumber - and virtually all with guaranteed unintended negative consequences. Let me give you my on-the-ground insights of the lay of the land - of what is REALLY happening in Argentina - and about to happen! Words: 853

One can barely keep up with what is going on here in Argentina, since each day brings more 'new' government dictates, rules and initiatives which all seem to share the same features - dumb and dumber - and virtually all with guaranteed unintended negative consequences. Let me give you my on-the-ground insights of the lay of the land - of what is REALLY happening in Argentina - and about to happen! Words: 853

You nolonger need to spend time surfing the internet looking for financial, economic and investment articles of substance. The editor of munKNEE.com reads 100s of articles daily searching for such articles which are then posted in an 'edited excerpts" format for the sake of clarity and brevity to ensure a fast and easy read. Here are some sample articles that were included in the latest Your Daily Intelligence Report which you can sign up to receive - and its free. Check it out! You won’t be disappointed.

You nolonger need to spend time surfing the internet looking for financial, economic and investment articles of substance. The editor of munKNEE.com reads 100s of articles daily searching for such articles which are then posted in an 'edited excerpts" format for the sake of clarity and brevity to ensure a fast and easy read. Here are some sample articles that were included in the latest Your Daily Intelligence Report which you can sign up to receive - and its free. Check it out! You won’t be disappointed.

The outcome of the election of 2012 will [only] determine the rate of speed at which we approach the [financial] cliff [because] neither political alternative is willing to change course, to steer away from the cliff. The cliff is so high that whether we go over it at 200 mph (Obama) or whether we merely slip over the edge (Romney), the end result is the same — fatal for the economy and perhaps our entire political system. It is the fall that will kill us. [This article explains why that is going to be the case.] Words: 1135

The outcome of the election of 2012 will [only] determine the rate of speed at which we approach the [financial] cliff [because] neither political alternative is willing to change course, to steer away from the cliff. The cliff is so high that whether we go over it at 200 mph (Obama) or whether we merely slip over the edge (Romney), the end result is the same — fatal for the economy and perhaps our entire political system. It is the fall that will kill us. [This article explains why that is going to be the case.] Words: 1135

Economic risk in the Eurozone and elsewhere appears to be escalating, and what is said here describes what may prove to be the 'biggest crack yet in Humpty Dumpty's shell'.

Although the vast majority of today's adults earn more than their parents did at their age, only 4% of adults from homes at the bottom rung of the economic ladder were able to reach the top, according to a new report released by Pew Charitable Trusts. Words: 429