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| Cosima F. Barone | Vol. VIII - Issue #146 | January 19, 2009 |
| The idea is there, locked inside. All you have to do is remove the excess stone. Michelangelo |  | |
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INSIDE THIS ISSUE:
That is the image prompted by modern finance and the impact it inexorably has on the global economy. Are there engineers driving the train? Yes, they are so-called governments. Unfortunately, despite their good intentions, governments’ engineers have ear plugs in and blinders on. Around them, there is a global crowd full of immense hope put on one single person, the U.S. 44th President-elect Barack Obama. ... Read more
Germany’s economic pain is actually a mirror of the entire Western European zone pain, because the latter is the recipient of a large share of Germany’s exports. Berlin could not remain silent to the economic lament reaching out beyond its own borders -- the country is not truly in need of a domestic stimulus since its exports’ health depends particularly on foreign industrial demand. ... Read more
Tables:
- MARKETS AT A GLANCE - Close as of January 16, 2009
- U.S. FIXED-INCOME MARKET AT A GLANCE - Close as of January 16, 2009
- COMMODITIES AT A GLANCE - Close as of January 16, 2009
- PULSE OF THE U.S. ECONOMY - As a Guidance for Other Geographies
- CURRENCIES AT A GLANCE - Close as of January 16, 2009
- MONETARY POLICY-MAKING AROUND THE WORLD - The Leading Seven ...
- ... and the BRICs ...
Charts:
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