Archive for February, 2015

Japan to save not spend?

16th February 2015

Having ‘lost’ Y12 trillion of their savings last year to a tax hike, will Japan’s households now simply save the lower commodity price windfall?

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US liquidity is booming

16th February 2015

Despite all the fears around the EM and over a possible rate hike in the USA, actual liquidity growth in the US is booming.  M3 growth on a three month annualized basis is now running at 10% – a post…

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