If you’re looking for good news, take a look at what economists call the “current account deficit,” which is a way of measuring the flow of goods and services into and out of the country.
Tag Archives | International Economy
For people of a certain age, the current events, with tanks rolling across the Russian border into a neighboring nation that wants to exercise its freedom, it feels a bit like the Cold War days all over again. Whenever we see troop movements and fires raging in the streets of a capitol city the size […]
The stock market caught everybody off guard last Friday, August 3. The S&P 500 index climbed 1.90% on news that the U.S. economy created 163,000 new jobs in July—about 60% more than economists were expecting. But this was the fourth consecutive week of gains, and there is no clear explanation for those other positive trading […]
“The slowest-moving train wreck in history.” This is the way one economist recently described the Greek debt default. Most of us have heard way too much about the finances of this relatively small member of the global economy. But now, the constant parade of headlines may be over. On Friday, March 9, holders of more […]