January 2016

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January 2016

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#10

01-06-2016, 01:06 AM

We have a new article out:

While the recovery created a lot of private sector jobs and there was a fair amount of deleveraging, growth is hardly exuberant, we look at the reasons why.

Other good news is that the world's saving glut is topping out, as this is a main factor behind disappointing growth (or secular stagnation).

However, much depends on China, which we see as the biggest risk in 2016.

Why All The Gloom And Doom? - Part II | Seeking Alpha

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