boom

US stock markets weaken as bond yields signal deflation is near

Increasing volatility in major Western financial markets suggests they are struggling to maintain their momentum. It is certainly hard to be very optimistic about the outlook for the major Western stock markets this year.  The reason is that investors are still failing to think about political risk.  They continue to believe, as they did a year ago, […]

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Boom/Gloom Index shows sentiment remains positive

US and UK policymakers have been more upbeat recently in claiming that ”the economy was turning a corner”.  Although they have not yet gone as far as in September 2009, when the G20 issued a statement that began ”It worked!”, and claimed the recession was now over. Helpfully, the IeC Boom/Gloom Index has again done its job in capturing this improved sentiment.  […]

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Austerity levels jump

The blog’s Boom/Gloom Index (blue column) reaches its 3rd anniversary this month.

It was introduced to help monitor sentiment in financial markets, on the basis that “many markets are clearly being ruled by sentiment”. It has since done a good job in…

Austerity levels jump Read More