Lula’s call on rate cuts slow Brazil’s GDP
Brazilian President Luiz Inacio Lula da Silva has been attacking the independence and autonomy of the Banco Central do Brasil (BCB) amid the persistently high inflation. Lula said the current level of Brazil’s key policy rate at 13.75 percent was... Read More →
ChatGPT leads to a regular AI boom in China
A lively discussion about artificial intelligence has flourished again, including the future of artificial intelligence (AI). The reason is, of course, the launch of ChatGPT in November last year, where the dream is that it can produce the text that... Read More →
Another nudge down for the French economy
Officially, France had a lucky day on Friday, 28th April. They were helped by the classic trick in communications, namely that bad news is best announced late on a Friday when everyone is in a hurry towards the weekend. On... Read More →
One Easter egg for the German economy
On the Wednesday before Easter, there came an Easter egg in the basket for the German economy. In February, the factory orders jumped to a 4.8 percent growth compared to January, as graph one shows. This was much higher than... Read More →
Higher rates and liquidity shortage
If one imagines a huge dam, the water in the agitated lake is typically completely calm, but one can still imagine the destructive forces that will be unleashed if the dam breaks. If you are below the dam in the... Read More →
Klaas Knot’s “double down” on rates
My expectation for the council meeting on 16th March in the European Central Bank (ECB) is clear that the central bank will raise interest rates by 50 basis points, but it will not be a surprise either. If one listens... Read More →
Investors, the glass is more than half full
Not without reason, many Europeans perceive the current situation as a crisis, and it obviously runs so deep that it seems global – but it is not. The other day, I received an invitation to participate in a large conference... Read More →
Year of the Rabbit will be a good year
Since the big sell-off in the Chinese stock market in October last year, stock prices have risen sharply, which naturally is starting to attract attention. I do not know whether the investors have taken advantage of the Year of the... Read More →
Global inflation has peaked, but…
Inflation continues to impact many of the movements in the financial markets around the world, but the speed of the coming retreat in inflation rates is also of decisive importance. The Britons will, of course, be delighted if the inflation... Read More →
Investors are not ready for good news
The overall financial market is still strongly focused on several negative developments in many economies around the world, but investors must always be aware when everyone in the financial markets is looking in the same direction. Throughout the last six... Read More →