In economics there are certain topics that are close to mythical; one is certainly stagflation and the other, although more a market word, is parity.
Over the past week or so I have read reams of reports and conjecture about the UK’s proposed exit from the EU from publications as widely diverse as the Economist and Private Eye (actually, maybe they aren’t that diverse), political commentators, BBC economic reporters and various hacks and rabid demonstrators on both sides of the argument.
The Marvel movies have captured much of the public mind in recent years, scoring tens of billions of dollars at the box office and entertaining a wide array of audiences. However except for the occasional break such as “Deadpool,” as well as their recent cliffhanger and dark turns, they’ve largely followed a “happily-ever-after…till the next movie” model that plays to a positive optimism.
By the people for…..? The expression “By the people for the people” is attributed to John Wycliffe (obviously pre-Fugees) who said it in 1384 when talking about the bible.
Can we really believe Government data? I have long been a sceptic when it comes to the release of the U.S. employment report on the first Friday of the month.
Global trade dynamics are changing much faster than expected; protectionism leading to retaliatory measures is increasingly becoming part of WTO member’s strategic actions. The Trump administration has been pressing the tariff button resulting in massive anguish and displeasure at a global level. The US has been striving hard to correct existing trade imbalance with multiple trade blocs or nations including China, India, and the European Union. The changing global order forces many nations to reassess their trade policies, revisit trade agreements, re-negotiate terms & conditions, and prepare fresh strategies to tackle emerging challenges.
The world is at the dawn of the Fourth Industrial Revolution, which promises a new wave of technologies that will change how things are done today. As with the first three revolutions, the element of the Fourth Industrial Revolution at its core will be energy.