…certainly for the Eurozone, but possibly for the global economy as well. The financial circumstances of US and UK households are very similar despite their diverging saving rates over the…

…certainly for the Eurozone, but possibly for the global economy as well. I’m in no way “blaming” this on the Germans – the banking system there will eventually contend with…

…its descent. However, don’t be fooled by these statistics: the German government is subsidizing firms to drop hours in lieu of outright layoffs. And across the Eurozone, fiscal tightening will…

by Rebecca Wilder Today I digress from my recent Eurozone obsessions to compare the U.S. Consumer Confidence report (released today) to the PMI production surveys, a “soft” comparison of supply…

Forget the Eurozone for just a minute. Japan’s problems are big: Toyota is a major exporter/employer. Last year 48% of all new standard passenger vehicles sold in Japan were Toyota…

…cost of growth later in the forecast): The 2010 U.S. growth Update is 1.2%-points above the October level, now 2.7%. The Eurozone GDP growth Updated to 1% pace in 2010,…

…the Eurozone, and so New York is high on a shorter-than-ever list of places to buy. Yet…I have never seen so many vacant retail stores in my neighborhood, even in…

…as lending between parents banks and their subsidiaries in the Eurozone and the United Kingdom declined. Would a contraction in bank credit have negative consequences? It certainly will for those…

…have fallen by over 30% since their 2007 highs. But economic growth in the Eurozone for the first quarter was 0.2% and in the European Union 0.3%. Stock prices in…

…on the one hand and the Eurozone and Japan on the other has caused Nouriel Roubini to liken the global economy to a jetliner with only one engine still functioning….