11-19-2015, 12:11 AM
The attacks in Paris could mean a backlash against globalization and could signal that more terrorist strikes against the West are ahead, according to Citi analysts. More nations may join in a broader fight against Islamic State, says a research note from Citi’s Tina Fordham, Guillaume Menuet, Tiia Lehto and Willem Buiter. Below are a few key points from the note.
Citi sees Paris attacks as ‘turning point,’ bringing backlash against globalization - MarketWatch
Gokul Laroia, Morgan Stanley's co-CEO for Asia Pacific, told CNBC there was "a real disparity between the new China companies and the old China companies in terms of growth and in terms of prospects."
Morgan Stanley APAC co-CEO says investment bank likes China healthcare, tech sectors
Investor fears are on the rise south of the Pyrenees as Catalonia, Spain’s richest region (pound for pound), descends into political chaos and Spain’s central government threatens to cut off funding to the region.
Catalonian independence is a nightmare - Business Insider
“The economy is, by virtually any measure, drastically improved from when President Obama took office nearly seven years ago,” writes Ben Casselman, chief economics writer at FiveThirtyEight. “And yet poll after poll reveals a national electorate that is deeply skeptical of that progress.”
Economy Has Improved but Voters Don't Believe It: 538's Casselman
If other gains from Abenomics have been modest, they're at least trending in the right direction. Unemployment is at an 18-year low, even as labor participation rates -- especially among women -- rise. While too many workers are still being shuffled into temporary jobs with limited prospects, the number of full-time positions created has started to tick upward. Wages are rising modestly. Property has picked up, even beyond the heart of Tokyo.