Abenomics-inspired hopes for Japan’s economy continue to fade as Japanese inflation persistently falls short of the Bank of Japan’s target.
Amid greater financial-market stress this summer, China appears well positioned to manage short-term risks, but the long-term outlook looks more challenging.
Soon, the U.S. Federal Reserve will likely begin hiking interest rates for the first time in almost seven years. The only question is “how fast?”
The steep declines in China’s domestic equity market from June highs to early July lows raises some concerns, but it ought not to inspire panic.
Equity and currency markets seem less sensitive to the risk of Greek contagion than in the past. Are markets underpricing risks?
Greece remains exposed to the possibility of a sovereign default and the reintroduction of the drachma, but three historical case studies suggest that the former need not induce the latter.
Good economic news really is good news most of the time, statistically speaking. Folk wisdom to the contrary may stem from behavioral biases.
The dollar has appreciated sharply since the beginning of 2014, but the exchange rate plays a smaller role than it once did in driving international trade.
Investors seemed to underprice the risk of the Swiss franc de-pegging from the euro by more than ten standard deviations. What does this mean for other pegged currencies?
Historical drivers of emerging and frontier market equity returns may prove unreliable in the future, and correlations to developed market equity returns may increase.