Archive for March 8th, 2010

Deeper Analysis

Expected Long-Term Economic Growth in Selected Advanced Economies

March 8, 2010

This is the time of year when forecasters first wheel out projections for the next calendar year.  Since over nine months remain before the period begins and more than 21 months remain before it ends, the forecasts are good proxies for estimates of long-term trend growth.  One sense of consensus forecasts is published each month […] More

New Overnight Developments Abroad - Daily Update

Lessening Risk Aversion Amid Receding Concern About Greek Debt Crisis

March 8, 2010

The dollar retreated 0.6% against the kiwi, 0.4% against the Australian dollar, 0.2% relative to the Canadian and Swiss currencies, and 0.1% versus the euro, but the greenback moved 0.2% higher against the yen and firmed 0.1% against sterling. In the Pacific Rim, stocks advanced 2.1% in Japan, 2.0% in Hong Kong, 1.9% in Indonesia […] More