Saturday, February 17, 2018

Around the World

A summary macro tour through some of the world’s largest economies in the first half of 2015. Conclusions: the commercial economy is rolling over worldwide and analysis of discrete economies reveals a consistent pattern: overcapacity among over-levered manufacturing and service sectors is being met by contracting global demand from over-levered consumers.

August 5, 2015, VOL. XV, NO. IV