Very good news were out today. Credit conditions are strong, along with solid job creation, and rising real income.Car loans are up 16% according to a report released today on consumer spending. Lending to individuals maintained a solid pace in July, with daily average concessions jumping 1.3% over June, adjusting for inflation and seasonality. ThisContinue reading “Consumer spending firm in the third quarter”
Category Archives: Economy
Where do you see Brazil in 10 years?
Mark Mobius answers this question in a blog post. Can you comment on Brazil? Where do you see Brazil 10 years from now? – James, United States Brazil is a key producer and exporter of commodities. Strong commodity prices associated with a solid domestic demand for goods and services have been key drivers of itsContinue reading “Where do you see Brazil in 10 years?”
GDP growth in Germany due to sales of luxury goods in Brazil, India, China
The Economist notes “supercharged Germany” selling to increasingly rich in Brazil, India, China. Contrast America’s woe with Europe’s renewed hope. Figures published after The Economist went to press were expected to show that the euro area’s economy grew faster than America’s in the second quarter, thanks largely to supercharged Germany. Booming sales to fast-growing emergingContinue reading “GDP growth in Germany due to sales of luxury goods in Brazil, India, China”
Emerging Market High Frequency Trading
The Economist writes about high frequency trading coming to Emerging Markets, such as the Bovespa. These trading strategies may improve market efficiency by adding liquidity in the very short term. THE merits of high-frequency trading (HFT) are under scrutiny in America, thanks to the “flash crash” of May 6th when the Dow Jones Industrial AverageContinue reading “Emerging Market High Frequency Trading”
Race & Law; Bolsa Familia
The Economist notes controversy over the race and law in Brazil. As well, The Economist covered Bolsa Familia in a long article, distinguishing between impact in rural and urban areas. These two articles give some context for understanding the emerging middle class, an important Global Macro theme to watch. On race and law: BRAZIL’S SupremeContinue reading “Race & Law; Bolsa Familia”
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