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Economic Volatility: Expect More Business Cycles Than You Are Used To PDF Print E-mail
Written by Dr. Bill Conerly   

I'm currently forecasting greater cyclicality in the economy than most people are used to. That's not an out-on-a-limb forecast, because we are just coming off the calmest period in American economic history. It may not have seemed calm at the time, but the era from 1983 through 2007 was indeed the least volatile on record.

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Current-Account Deficits Rise in Some BRICs PDF Print E-mail
Written by Eric Roseman   

Though still small compared to bulging deficits in the industrialized economies, some BRICs (Brazil, Russia, India and China) have started to amass current-account deficits. India and Brazil have now entered current-account deficit territory this year on the heels of rapid economic growth and rising demand for imported goods.

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