World Tag

Redux: World Inflation Falls To A New 5-Year Low

31 Mar, by Knowledge Leaders Team in News

It’s become a running theme, at least since last September, but the latest release of CPI numbers from around the world has brought our simple average World CPI proxy to its lowest level since the financial crisis. For the period ending in February, our World...

World Inflation Continues To Tumble

30 Jan, by Knowledge Leaders Team in Markets

Our basic proxy for global inflation continues to fall further. The year-over-year change of the CPI of 33 countries (using a simple average) has fallen for eight straight months and now sits at just 1.42%....

US Manufacturing Strength Stands Alone

02 Sep, by Knowledge Leaders Team in Uncategorized

The US ISM Manufacturing index surged to a three-year high today at 59 for August. The Markit Manufacturing PMI for the US made a 52-month high as that index rose to 57.9. However, the Markit Global Manufacturing PMI is only moderately above the expansion level...

Industrial Production – The Haves And Have Nots

10 Jul, by Knowledge Leaders Team in Uncategorized

With the disappointing May industrial production numbers for Italy (-1.2% MoM) and France (-1.7% MoM) out today, we thought we would try and place them in a simple historical and global context. In the charts below, we are looking at industrial production of major developed...

What A ZIRP World Looks Like

06 Jun, by Knowledge Leaders Team in Uncategorized

Out of the United States, China, Australia, Germany, Canada, EMU, and Japan, only China has seen their bond yields, both government and corporate, move higher over the past five years. Outside of China , government bond yields have been moving in tandem recently....