“España sólo ha logrado retrasar el problema de la reducción del déficit”

Si hay un hombre hecho a hablar durante largo tiempo, ése es Martin Feldstein. No en vano, a sus años como catedrático en Harvard suma la experiencia de haber sido el asesor económico de tres presidentes estadounidenses (Reagan, Bush hijo y Barack Obama). Por ello, sorprende la afonía que le afecta desde primeras horas de la mañana, poco después de aterrizar en Madrid invitado por … Seguir leyendo “España sólo ha logrado retrasar el problema de la reducción del déficit”

Eurozone Flash PMI Shows Slight Growth, France Back in Contraction

Eurozone Flash PMIShowsSlightGrowth, FranceBackinContraction http://feedly.com/k/17RrZUh The rosy eurozone growth estimates of a few months ago have bitten the dust already with the possible exception of Germany. The Markit Flash EurozonePMI signals slowing growth for second successive month in November, with France leading the way. Flash Eurozone PMI Composite Output Index at 51.5 (51.9 in October). Three-month low. Flash Eurozone Services PMI Activity Index at 50.9 … Seguir leyendo Eurozone Flash PMI Shows Slight Growth, France Back in Contraction

Caída del PMI de manufacturas chino

China Flash PMIDropsMostIn 6 Months http://feedly.com/k/17Ovxqm China’s HSBC Flash PMI missedexpectationsrathernotably (50.4 vs 50.8 exp) anddroppeditsmostMoMsinceMay as the hope-mongering of a China-led renaissance in global growth is dashed on the shores of liquidity reality. It was a mixed bag – providing just enough for everyone under the covers. New exports orders dropped to 3-month lows and employment flipped into the deteriorating camp but manufacturing output … Seguir leyendo Caída del PMI de manufacturas chino

Indicador adelantado de manufacturas muestra debilidad en noviembre

PhillyFedManufacturingSurveyindicatesSlowerExpansioninNovember http://feedly.com/k/18rrG6i From the Philly Fed: NovemberManufacturingSurvey ManufacturinggrowthintheregioncontinuedinNovemberbutdidnotmatchthe pace ofgrowthintheprecedingmonth, according to firms responding to this month’s Business Outlook Survey. The survey’s broadest indicators for general activity, new orders, shipments, and employment were positive, signifying growth, but readings for each fell from October. The survey’s indicators of future activity also moderated but continue to suggest general optimism about growth over the next six months. Thesurvey’sbroadestmeasureofmanufacturingconditions, … Seguir leyendo Indicador adelantado de manufacturas muestra debilidad en noviembre

MIneral depletion: where do we stand?

MIneraldepletion: where do we stand? http://feedly.com/k/1bDNQ2y Thisis a writtenversionofthetalkthat I gaveinStuttgartonNov 12th forthe “ResourceEfficiencyand Circular EconomyCongress". Itisnot a transcriptionofmyspeech, but a versionwrittenfrommemorythatmaintainsthegistofwhat I said Ladies and gentlemen, first of all I would like to thank the organizers of this meeting because it is a pleasure and a honor to be here today. It is a pleasure, mainly, to see that the local government of Baden-Wurttemberg … Seguir leyendo MIneral depletion: where do we stand?

¿Hacen falta guillotinas?

    Últimamente en una típica tertulia mañanera de café he escuchado una expresión que se repitió casualmente otro día. Era algo así como: “hacen falta guillotinas”. Y si bien es cierto que el tono era irónico en ambos casos, refiriéndose a la triste realidad a la que nos han abocado los responsables de la debacle económica y política actual, habrá que empezar a poner sobre … Seguir leyendo ¿Hacen falta guillotinas?

OECD Warns UK Faces Housing Bubble

OECD WarnsUK Faces HousingBubble http://feedly.com/k/1dhC7xg The U.K. faces a housing-market bubble unless the government boosts the supply of new homes, the OECD warned yesterday. U.K. homevalueshaveclimbed 36.6% since 2004, theseventh-biggestriseamong OECD nationsandbackneartheir 2007/8 bubblehighs. The Bank of England said last week mortgage approvals had surpassed 60,000-a-month six months earlier than it had predicted. As Bloomberg’s Niraj Shah notes, while the OECD raised its forecasts for … Seguir leyendo OECD Warns UK Faces Housing Bubble

Bitcoin Bonanza

Bitcoin Bonanza http://feedly.com/k/1h2yaNz ClickheretofollowZeroHedgein Real-time onFinancialJuice Five years ago it was worth $0. Then, a month and a half ago it went to $150 a piece. On Monday it shot to over $600. On Tuesday, the value rose to over $900, meaning a 6, 445%-increase in value since the start of the year. It plummeted to $531 at midday today and then recovered reaching $793 … Seguir leyendo Bitcoin Bonanza