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16 matches for " public investment":
Global economic growth continues to fall short of expectations, and the call for aggressive fiscal stimulus is growing in many countries. This is partly a function of the realisation that monetary policy has been stretched to a breaking point. But it is also because of record low interest rates, which offer governments a golden and cheap opportunity to kickstart the economy. One of the main arguments for stronger fiscal stimulus is based on classic Keynesian macroeconomic theory.
Argentina's economy continues to recover steadily.
Japan will host the Olympics in 2020 and the preparatory surge in construction investment makes 2017-to-2018 the peak spending period.
Yesterday's data dump in the EZ delivered something investors haven't seen for a while, namely, positive surprises.
Consumption remains an important source of economic growth in LatAm.
This week's detailed Q3 GDP data will confirm that the euro area economy is going from strength to strength.
Japan's real GDP seems unlikely to have risen in Q3, and could even have edge down quarter-on- quarter, after the 0.7% leap in Q2.
Japan's all-industry activity index fell 0.5% month-on- month in September after a 0.2% rise in August. Construction activity continued to plummet, with the subindex dropping 2.3%, after a 2.2% fall in August.
Argentina's latest hard data suggest that activity is softening, but we don't see the start of a renewed downtrend.
Mexico's economy is not accelerating, but it is holding up very well in difficult circumstances, with rising domestic political risk and stifling interest rates.
This week's data confirmed Mexico's strong economic performance over the first few months of this year.
Mexico's February industrial production report was weaker than markets expected. Output expanded by 0.7% year-over-year, below the consensus, 1.2%, and slowing from 0.9% in January.
Data today will show that the EZ construction sector finished 2017 on a decent note.
A sharp ARS sell-off was the key highlight while we were away over the holidays.
Italian bond yields have remained elevated this week, following the release of the government's detailed draft budget for 2019.
The revival in the construction sector is slowing on all fronts as the fiscal squeeze intensifies, business confidence fades and the recovery in housebuilding loses momentum. These headwinds are likely to ensure that construction output only holds steady this year, thereby contributing to the broader economic slowdown.
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