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Posts Tagged ‘global economic slowdown’

Ashoka Mody: “Global Economy’s Groundhog Day”

Posted by Larry Doyle on August 8th, 2014 6:24 AM |

While all too many market prognosticators, political pundits, central bankers, and Wall Street economists work overtime at creating and promoting a narrative to fit an improving global growth story, I have not seen the underlying fundamentals here at home or abroad to support that case.

So while I will quickly peruse the views and opinions of the aforementioned lackeys spinning their yarns, I prefer to look elsewhere to find those pursuing the truth.

This morning, I welcome reading the global perspective provided by Ashoka Mody, “visiting Professor of International Economic Policy at the Woodrow Wilson School of Public and International Affairs at Princeton University and a visiting fellow at Bruegel, the Brussels-based economic think tank. He is a former mission chief for Germany and Ireland at the International Monetary Fund.”

Mody pens a fabulous commentary at Project Syndicate as to what I believe is really transpiring  along our global economic landscape. Let’s navigate. 
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ECRI Had Forecasted GDP Weakness

Posted by Larry Doyle on July 29th, 2011 9:14 AM |

While economists up and down Wall Street express real surprise at the GDP reports this morning, regular readers of this blog hopefully recall the siren sounded by the Economic Cycle Research Institute in mid-May.

I highlighted the ECRI’s warning at that time in writing, ECRI Forecasting Global Economic Slowdown,

The ECRI clearly has a strong pedigree. More importantly the ECRI is not compromised by an existing relationship with a global investment bank or another entity looking to sell financial products. Against that backdrop, the crowd at the ECRI sees storm clouds on the horizon. Just yesterday IBD released a report covering ECRI’s forecast entitled Cruel Summer?>>>>>>>> (more…)






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