Tag Archives: Economy

Puerto Rican Bonds – “You can say goodbye to that”

In May, Puerto Rico filed for bankruptcy, the greatest US municipality bankruptcy in history. Bond prices plummeted and a deal to repay about a quarter of face value over the next ten years was struck. Recently, category four Hurricane Maria … Continue reading

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Inflation Picks Up In Canada

Consumer prices picked up in Canada, causing CPI to hit 2.1% form a year earlier and up from 1.5% in December. Economists had forecasted inflation to hit 1.6%, which poses a drastic increase in price. The hiking in inflation can … Continue reading

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Government Spending Keeps Chinese Economy Afloat

The growth and stability of China’s economy has recently been of great concern to investors and economists around the world. The Chinese government recently published some reassuring data about its crucial industrial sector. Reports say that China’s manufacturing purchasing managers … Continue reading

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US Existing Homes Market Falls for Second Straight Month

For the second straight month, sales of already owned homes in the US have taken a fall. Sales of existing homes fell 0.9% from last month, creating concern in the housing market. This downward trend in the market has been … Continue reading

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Economic Ripples of the Paris Attacks

The Paris attacks primarily resulted in tragic loss of human life, but may also lead to lasting economic ramifications. As expected, the short term effects were immediately evident. Demand for travel and tourism dropped all over Europe. Stock prices for … Continue reading

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The International Monetary Fund Predicts Stagnant Growth in the Global Economy

On Wednesday, September 30th, Christine Lagarde, Managing Director of the International Monetary Fund warned of sluggish growth next year for the Global Economy. It is expected, that when the IMF releases their outlook on worldwide growth this upcoming Tuesday, forecast … Continue reading

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Worries Rise over Global Trade Slump

The continuous drop in the global trade growth is threatening future productivity and living standards. According to the World Trade Organization, global exports and imports of goods are far behind their pace of past records. The trade growth has averaged … Continue reading

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