Two indicators of growth made the news this week; household consumption’s expansion of almost 10% in the last three quarters; and the industrial electricity consumption in February was up nearly 11% year over year. This means it is now on the level it was before the financial crisis. Two distinct moments of the economic cycle,Continue reading “A week of good news in the tropics”
Tag Archives: capital markets
Dow Jones crosses the 10.000 mark again
Editorial on the New York Times today gives us something to think about. Does this rally make sense to you?