Wider trade gap as imports surge
Consumer spending cooling as households focus on debt repayment
Spotlight of investor pessimism has shifted to Japan and the U.S. from China and Europe
Federal government must engage in another round of fiscal stimulus
Downward revisions reflect weaker U.S. outlook, economic fallout in Europe
Financial markets may hate uncertainty, but it appears they are going to have to learn to live with it. The current economic picture is extremely fuzzy, and is likely to stay that way. This situation poses a tough challenge for policy-makers, analysts and investors.In general, economic cycles are well understood and reasonably predictable. But the […]
House prices in advanced economies will face a more difficult environment in the next 40 years
Slower government revenue growth to hamper pace of deficit reduction
Latin America and Asia Pacific region will lead growth
Cooper calls for corporate tax cuts and federal assistance to local governments