composite and service PMI readings
Monday’s Equity Rebound Extended Into Asia and Europe but Has Stalled in the United States
August 5, 2025
Concepts like democracy, rule of law and autocracy get thrown around so much these days that there is a risk that the comparison loses significance. When assessing a developed economy’s future potential, past experience strongly suggests that democracy is the preferable political framework for creating a conducive environment for achieving price stability, faster sustainable economic […] More
A New South Korean President, Central Bank Developments, Service Sector PMIs, and Anticipating U.S. Jobs Data
June 4, 2025
Lee Jae-Myung, a former human rights lawyer who successfully led opposition to South Korean martial law and favors pragmatic diplomacy, has been elected to a 5-year term as the country’s next president. The South Korean Kospi stock market index jumped 2.7% today, and the won appreciated 0.9% against the dollar on the lessening of political […] More
