Posts Tagged ‘sequester’

2013/10/14: Commentary: The Howie Mandel administration?

October 14, 2013 Leave a comment

© 2013 ROHR International, Inc. All International rights reserved.

COMMENTARY: Monday, October 14, 2013.

DONDmandelBRIEFCASE-131014Deal or No Deal?

…so what’s it going to be?

We’re sorry. We know the current negotiations in Washington DC are serious business, and will continue to affect the lives of ordinary Americans… and in a worst case scenario, possibly many far from our shores as well. No joking matter.

And yet, on one level the current state of the negotiations has gone from the ridiculous to the sublime… Democratic Party over reach to rival the previous Republican insanity. They are still asking the Republicans to restore government funding as a precursor to any real budget negotiations. In other words, much the same as the ‘secret briefcase’ prizes Howie Mandel would use on the US TV game show Deal or No Deal.

First they approve what the Democrats want, and then the Republicans get to find out what’s in the case. Just like on TV… trade away what you may have (can’t be sure what that is either) for some other unknown. Except the nature of the ‘secret briefcase’ the Dems are offering has changed into something not so secret…

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2013/02/11: Calendar, OECD still mixed with US the key

February 11, 2013 Leave a comment

© 2013 ROHR International, Inc. All International rights reserved.

The Weekly Report & Event Calendar is available through the link in the right hand column. This week’s Summary Perspective will be added sometime soon. Yet, in addition to the calendar are two key areas of interest we want to cover today: What a significantly robust week it is on all fronts, and (in spite of what some may say about the possible self-sustaining potential of the Chinese and other Asian economies) the degree to which the US remains the key to the rest of the world’s further growth prospects.

That we have quite a bit of important midmonth economic data is a given. After a light data day today, those always include a range of global GDP figures (somewhat after the US release), US and UK Retail Sales, various Chinese data even though it is closed all week for the Lunar New Year. And first but not least of the truly global indications was the OECD (Organization of Economic Cooperation and Development) Composite Leading Indicators (CLI.)

Still mixed... US holds the key

Still mixed… US holds key (click for full report.)

       Those still showed a very mixed picture that we interpreted to mean there is still quite a burden on the US to continue to lead any further global economic growth. More on that later. But for now, there are also extensive finance minister and central bank meetings this week beginning with Europe today and tomorrow and evolving into the G20 in Moscow Thursday and Friday.

And those are looking to be pretty contentious this time around.


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