Graph of the week: rising house prices in Sweden

The key risks from very loose monetary policy are rising inflation and asset price bubbles. In spite of massive monetary stimulus in recent years, these risks have not materialised in the global economy as it continues its gradual recovery from the 2008 crisis. Nevertheless, there are areas of concern. One such area is the Swedish housing market, where prices…

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Graph of the week: Concerns about the US economy

This week’s highly anticipated Fed meeting yielded another no change decision. The Fed decided it was still not the right time to raise its policy rate for the first time since 2006 because of increased concern about the economic outlook. Recent survey indicators show that such concerns are warranted. …

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Will she, won't she?

All through the Summer, there has been speculation about whether or not the Federal Reserve would raise its policy rate for the first time in more than 9 years in September. This week it’s decision time for Yellen and co. For now, the odds on the first rate seem fairly even.…

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It's a long way to Tipporary...

Yesterday Fitch released a report with some arithmetics and outlook on the ageing population and how the developed west so far has anticipated on these demographic evolutions. As usual, most politicians and media take this with a benign neglect attitude : What’s the problem, 2050 is still ages away ? Or in true Belgian style, it will probably be taken…

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"We need something bolder..."

Let’s put in a USD 550 bio extra of asset purchases, or may be on second thought, let’s double that amount. After 9 consecutive rounds of QE worth JPY 100 trillion – roughly EUR 1,000 bio and some small change – the freshly elected Japanese government headed by Shinzo Abe is looking for something more, let’s say, “challenging”.…

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Hooray, debt free... pain pays ?

Well not exactly hooray as far as the IMF is concerned : Apparently the IMF is not happy with Latvia having refunded their entire 2008 bail-out loan already. The IMF at one point even gave the advice of “piano, piano” or “we don’t need so much money from you right now”. The Latvians nevertheless pushed forward and now have of course…

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2012 - Straight cold players - 2013

“Life without music would be a mistake” – Friedrich Nietzsche. So before turning over to the 2012 review and 2013 outlook, let’s just have a quick playful stop first by way of introduction : most likely the best ouverture of all ouvertures ever made, 18th century purest form of Rock & Roll avant la lettre : Figaro, a controversial…

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Le Trio Infernale - Change

When the Roman Catholic Church meets Ferrari meets the “Left”, what do you get ? Because that’s in a nutshell what is currently happening in Italy, “progressive” forces seeking change and joining forces. At first sight, they truly make an odd couple trio. Mind you, the majority of Maranello based Ferrari employees are unionized…

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And there goes the Yen ?

A couple of days ago, blogger Bruce Krasting (fx) had a nice story on the Japanese Yen. “The full name for what is familiarly known as JA is Japan Short Anonymous (JSA). The group is patterned off of AA or Alcoholics Anonymous (many JA members are also in AA). The only qualifications for joining JA are the loss of a great deal of money, and the willingness to…

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Twitter

  1. Geert NoelsGeert Noels said: @durkveenstra "keldert": 1% correctie na een aantal weken versterking. Pond zal nu volatieler zijn op aantal gebeurtenissen.about 4 hours ago
  2. Geert NoelsGeert Noels said: @Schuldensuehner #Italy has a competitiveness problem more than a debt problem.about 4 hours ago
  3. Geert NoelsGeert Noels said: Current Brexit deal would be a good one, closer to EU viewpoint, but probably difficult to swallow for hard Brexite… https://t.co/NqmojYabdtabout 5 hours ago
  4. Geert NoelsGeert Noels said: @Bruegel_org @mariademertzis @viegi_nic How would you qualify the current UK Brexit-deal in terms of position on these quadrants?about 6 hours ago
  5. EconopolisEconopolis said: Econopolis kijkt ook vandaag televisie. @destandaard noemt de studie zelfs 'zorgwekkend'. Wij zien - punt intended… https://t.co/MZsLxgAq8Xabout 6 hours ago