The Great Debate

China’s export dominance must force U.S. rethink

March 23, 2010

Managing the rise of China’s vast economy and healing the U.S. trade deficit will require a new willingness and capacity to boost U.S. technology exports at affordable prices. More importantly it requires a new language from policymakers and a new mindset.

Economy volatility a hurdle for stocks

March 23, 2010

Rather than inflation, it may turn out that economic volatility is the true test facing equities in the years to come.

Be careful what you wish for on currencies

March 19, 2010

The rancorous argument about global payment imbalances and the yuan’s valuation is exposing a surprising and dangerous economic illiteracy among policymakers and commentators.

Goodbye America, Hello China? Think again

By Bernd Debusmann
March 12, 2010

For the growing number of Americans who see China heading for inevitable global dominance, nudging aside the United States, a brief walk down memory lane helps put long-term predictions into perspective.

America just declared the recovery over so you’d better get ready for the double dip

By John Carney
February 23, 2010

This article originally appeared in the Business Insider.

By John Carney

Today’s bleak consumer confidence number is undoubtedly bad news for the economy. The bigger than expected drop suggests that consumers have lost confidence in the recovery, which will drive down home prices and consumer spending.

Who wins in U.S. vs Europe contest?

By Bernd Debusmann
February 12, 2010

In these days of renewed gloom about the future of Europe, a quick test is in order. Who has the world’s biggest economy? A) The United States B) China/Asia C) Europe? Who has the most Fortune 500 companies? A) The United States B) China C) Europe. Who attracts most U.S. investment? A) Europe B) China C) Asia.

from The Great Debate UK:

Signs are positive for markets and economy

February 12, 2010

SCHWAB.IMG_4329-Kully Samra is UK Branch Director at Charles Schwab. The opinions expressed are his own.-

Sluggish investment will hamper recovery

February 2, 2010

– John Kemp is a Reuters columnist. The views expressed are his own –

Unable to rely on the wounded consumer, the outlook for U.S. growth in the next three years depends on business investment and exports to take up the slack when stimulus programmes wind down.
Ultra-low interest rates will help. But with the economy struggling to work off a huge overhang of unused real estate assets, and not much sign of investment elsewhere, investment spending is set to remain sluggish, condemning the economy to a weak recovery in the medium term.

Fed redux: Making policy behind the curve

January 29, 2010

– John Kemp is a Reuters columnist. The opinions expressed are his own. –

With clear signs the U.S. and world economies have returned to growth, investors are trying to guess when the Federal Reserve will begin to raise interest rates again.

There’s no way to hedge politics

January 26, 2010

Ben Bernanke in peril and the Volcker crackdown on proprietary trading by banks show two truths of the current dispensation: there is no effective hedge against politics and the reflation trade rests on fragile foundations.