Monthly Archives: March 2015

The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay and routinely revised in retrospect, quarters and years after the original ‘guesstimates’. To stay ahead … Continue reading →

Euphemisms aside, tax havens are in the business of taking revenue belonging to other countries. Canadian documentarian Howard Crooks on the threat to democracy from tax havens. Here is a direct video link.

The major economic releases today were all weaker than consensus forecasts. Oil fell below its March 2009 Great Recession bottom in sympathy. North American treasury yields fell too.  Buybacks notwithstanding, corporate earning forecasts are rolling over (see below).  As they … Continue reading →