Some upside now coming into forecasts ...
I love mini-cycles...
I'm not sure what to think about this ... does more effort really result in a reduction in good ideas ...
I'm kidding really ... the article is about the number of researchers required to sustain Moore's Law and other heavily engineered science processes - apparently it takes more than 18 times the number of researchers to sustain the trajectory of chip capacity today than it did in 1970. Thus the chip is way more productive ... but the process of designing it is not ...!! Tech advance = demand for more researchers ... this may in turn explain why it is difficult to extract whole economy productivity growth out of current tech...
Contrast the US credit market with the EU market and draw conclusions!
China demography ... human tides ...
It's pretty hard to build up economic momentum when credit is getting squeezed like this ... it really slows the cycle...
I've found over time that the German ZEW future expectations indicator is the best leading/turning point indicator for German economy ... (h/t Daily Shot)
Too few apartments - despite the surge in construction ... price psqft, costs and densities don't add up outside Dublin ...
Mortgage credit is where the US and EU diverge the most ... interesting economist article ...
Tristan's Real-Time Research Feed
There is a big difference between perceived and realised risk - this blog seeks to close the gap!