Search Results: 24
Pantheon Macroeconomics aims to be the premier provider of unbiased, independent macroeconomic intelligence to financial market professionals around the world.
Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: email@example.com.
24 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.
It is fair to say that the economic debate on fiscal policy has shifted dramatically in the last 12-to-18 months.
Argentina's economy continues to recover steadily.
Colombia's recently-released data signal that the economy started the year quite strongly, following a relatively poor end to Q4.
Japan will host the Olympics in 2020 and the preparatory surge in construction investment makes 2017-to-2018 the peak spending period.
Don't write off the outlook for the construction sector purely on the basis of June's grim Markit/CIPS survey.
Yesterday's data dump in the EZ delivered something investors haven't seen for a while, namely, positive surprises.
This week's detailed Q3 GDP data will confirm that the euro area economy is going from strength to strength.
The relative strength of the investor and consumer confidence reports for March, released this week, signal a better outlook for the Mexican economy.
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.
Consumption remains an important source of economic growth in LatAm.
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.
On the face of it, Japanese GDP came thumping home in Q1, rising 0.5% quarter-on-quarter, after the 0.4% increase in Q4.
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.
Mexico's industrial production report released yesterday brought encouraging news about the state of the economy, helping relieve some doubts about its health.
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.
Political uncertainty is never far away in the Eurozone, though the most recent outbreak could easily swing in favour of markets.
Data today will show that the EZ construction sector finished 2017 on a decent note.
Argentina's latest hard data suggest that activity is softening, but we don't see the start of a renewed downtrend.
Japan's Tankan survey continues to paint a picture of a contracting economy.
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.
pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent analysis, independent macroeconomic research, independent, analysis, research, economic intelligence, economy, economic, economics, economists, , Ian Shepherdson, financial market, macro research, independent macro research