Despite the recent run of bad news, particularly from Europe, we do not believe that the world economy is about to slow sharply. There is still ample spare capacity for growth and plenty of room for...

Preliminary business surveys for August, which were published by Markit today, suggest that growthcontinues to be sluggish in Japan and the euro-zone and that China’s economy is slowing. In contrast...

Global monetary conditions have remained highly accommodative even though theUS Fed is now just a couple of months away from completing QE3. The latest senior loan officer surveys show that the demand...

The world economy does not appear to be heading for a major slowdown, despite the weak Q2 GDP data from the euro-zone and Japan and some softer monthly indicators from China. The most reliable survey...