How many acronyms will fit in one article title? For this weeks articles we’ll cap it at three! Many of this past weeks articles at the Hallmark Abstract Service blog focused on the global economy in conjunction with the turmoil in financial markets around the world. These three acronyms played a critical role… PIIGS: These are the five […]
Summary: As the migrant crisis in Europe worsens serious steps to address it are being considered. One proposal is for passports to be required in order to cross from one EU country to another. Would such a drastic move spell the beginning of the end for the Eurozone as a viable entity? And if so […]
Did Janet Yellen raise the fed funds rate in December only to turn around and lower it now? With the selloff in the equity market, sharp decline in the price of crude oil and uncertainty surrounding the U.S. and global economies, the LAST thing we need is for a crisis of confidence to develop concerning […]
Summary: The Baltic Dry Index plunges below 400 for the first time ever! You’re probably asking yourself about now why would anyone care about the Baltic Dry Index? The reason? Anyone who formulates a strategic plan for their business needs to consider the anecdotal evidence concerning the current strength and potential future direction of the […]
As we head into 2016 the economic news out of China leaves something to be desired! And if China sneezes, does the rest of the world catch a cold? ‘Asian markets tumbled Monday on the first day of trading in 2016, with declines so steep in mainland China that authorities halted trading there for the […]
Will the Fed announce that it is raising rates a quarter point at the FOMC meeting that ends on September 17th, or will it stand pat? Inquiring minds want to know, particularly in some of the interest rate and economically sensitive sectors such as investments, banking, real estate and mortgages. But, as I conjectured in an […]
The noise you may be hearing is the sound of the world’s #2 economy, China, pulling out all of the stops to reignite growth! Regardless of the industry a growing China economy is one of the catalysts to businesses around the world enjoying prosperity. And, as we have witnessed over the past months, that growth seems […]
(Update 11:32 AM: As if investor angst wasn’t running at a high enough level already, trading on the floor of the NYSE for ALL stocks has been suspended for an as of yet undetermined reason although off-floor third market trading is still taking place!) (Update 1:45 PM: Is yesterday’s Tweet from the cyber-hacking organization Anonymous […]
In an article last week, ‘Greece Election Sunday And Why The Entire World Is Watching!‘, the potential fallout from a Syriza party victory in the Greece election was examined! ‘This Sunday the citizens of Greece will be voting in a national election that will serve as a referendum on the EU-invoked austerity program that the […]
(Note: This article also appears at Global Economic Intersection here) Article Summary… For the consumer who is now paying a fraction of last years prices at the pump, we know that the reduced cost in oil has been a financial boost to our wallets! But, in the overall scheme of the US economy, do the […]
