Good morning. The US recovery may have been slower than in the past, but at least it is still going…
http://conversableeconomist.blogspot.nl/2013/03/perspectives-on-sluggish-recovery.html
Some perspective though on the recovery in the US labour market…
http://www.zerohedge.com/news/2013-03-19/fomcs-two-handed-economy
Interesting information from a forthcoming report by PwC that European banks must shed 3.4 trillion from their balance sheet…
http://www.ft.com/intl/cms/s/0/44dffc34-8d61-11e2-a0fd-00144feabdc0.html
Ok. So, Cyprus continues to dominate the news for another day…
http://www.ft.com/intl/cms/s/0/ae1f144c-8fe5-11e2-ae9e-00144feabdc0.html
http://www.imf.org/external/np/ms/2013/031913.htm
And here is another – pretty clear – way to show divergence in Europe. This is German GDP versus trend…
…and this is the same for the Eurozone minus Germany…
The US energy production boom could lead to…. the Dutch disease?? Wasn’t that reserved for small and open economies, though?
In relation to this: the OECD is not letting France off the hook in its latest assessment
source: http://www.oecd.org/eco/surveys/france-2013.htm
Just to remind you what just happened, this last minute… (via @jackneele)
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De trend GNP Euro excl. Duitsland verloopt veel steiler dan die van Duitsland. Rare vergelijking. Klopt trend dan nog wel als referentie? Mij komt verhouding niveau absolute bedragen ook vreemd voor.
Klopt. Het is sowieso moeizaam om het zo simpel neer te zetten, aangezien Duitsland ook nog een eenwordiung te verwerken kreeg.
Maar toch, ook als je de EUR stippellijn lager legt, zie je het verschil wel optreden.
Qua absolute bedragen denk ik dat het toch wel redelijk zal kloppen, in relatieve zin? Ik zit in de trein, dus kan het niet opzoeken…