The United States: Economists are not optimistic.
Eurozone: According to Goldman’s analysts, the new QE program would end up purchasing about 3% of the Italian current debt stock, 4% of the Spanish one, and 5% of the Portuguese one.
China: Home sales are expected to moderately recover as monetary policy easing feeds through to lower financing costs.
Global Developments: This chart shows the sources of tax revenue by region.
Food for Thought: The world’s biggest exporters and importers:
Edited by Paul Menestrier
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