This Week's Economic Data Will Remind We're Still In 'The New Normal' — Here's Your Complete Preview [shared from Weave for Windows Phone]
Anti-government protesters kiss during a protest against Venezuela's President Nicolas Maduro's government in Caracas March 22, 2014.
This week, we'll get some February economic reports that should give us a sense of how we've done in the wake of the unusually harsh winter. We'll also get an early read on consumer and business sentiment in March as tensions in Eastern Europe waned.
Still, we continue to experience sluggish growth in what Mohamed El-Erian has dubbed "the New Normal."
However, El-Erian thinks the likelihood of things getting better (or worse) has increased.
"Over the short-term, the economic baseline calls essentially for more of the same, along with fatter two-sided tails for the distribution as a whole," he wrote in a new post for Business Insider. "Specifically, absent major policy mistakes or geo-political/market accidents, western growth will gradually improve in 2014, but unfortunately still fall short of escape velocity. Over the medium-term, however, the probability of tipping into one of the two tails is likely to increase: so either the west reaches a critical point of internal healing that enables growth at or above potential for a while; or now-deeply embedded structural problems contribute to more prolonged low growth with significantly higher probability of financial volatility."
http://www.businessinsider.com/monday-scouting-report-mar-24-2014-2014-3?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29
Εστάλη από το Windows Phone μου
Anti-government protesters kiss during a protest against Venezuela's President Nicolas Maduro's government in Caracas March 22, 2014.
This week, we'll get some February economic reports that should give us a sense of how we've done in the wake of the unusually harsh winter. We'll also get an early read on consumer and business sentiment in March as tensions in Eastern Europe waned.
Still, we continue to experience sluggish growth in what Mohamed El-Erian has dubbed "the New Normal."
However, El-Erian thinks the likelihood of things getting better (or worse) has increased.
"Over the short-term, the economic baseline calls essentially for more of the same, along with fatter two-sided tails for the distribution as a whole," he wrote in a new post for Business Insider. "Specifically, absent major policy mistakes or geo-political/market accidents, western growth will gradually improve in 2014, but unfortunately still fall short of escape velocity. Over the medium-term, however, the probability of tipping into one of the two tails is likely to increase: so either the west reaches a critical point of internal healing that enables growth at or above potential for a while; or now-deeply embedded structural problems contribute to more prolonged low growth with significantly higher probability of financial volatility."
http://www.businessinsider.com/monday-scouting-report-mar-24-2014-2014-3?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29
Εστάλη από το Windows Phone μου
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