asterisk2a + commoditization + middle + faultlines   2

El-Erian: This Is Not 1998 or 2008 - YouTube
it is a repricing. a correction. prices got too far away (reflation of equity & co through ZIRP, NIRP, QE, speeches, plus hunt for yield & FOMO). It just happened to be China being the trigger, the wake-up call - very loud wake-up call - bc of its economic size and heft. (taper talks 2015 that made equity already nervous, and bond holders too, was too timid). Reality check. // Was it justified, yes. // In the long-run, we are all dead. And in the long-run things will, eventually, correct itself. // People may take now into account a new normal, lower interest rate environment, lower global growth, lower yields, lower inflationary pressures, lower dividend payments, more work that corporates (crony capitalism) need to do to squeeze out that earnings growth especially in the western world. inequality - low wage growth/stagnation - less discretionary spending on non-essential items (in the western world). & "realization that policy tools were less effective". &! bv.ms/1NFsFUn
reflate  reflation  hunt  for  yield  ZIRP  NIRP  QE  asset  allocation  equity  bubble  speculative  bubbles  speculative  speculation  secular  stagnation  New  Normal  asset  bubble  bubble  bond  bubble  bubbles  distortion  economic  history  trickle-down  economics  recovery  UK  USA  Europe  dogma  ideology  austerity  fiscal  policy  fiscal  stimulus  Richard  Koo  Japan  lost  decade  lost  generation  balance  sheet  recession  deleveraging  savings  rate  debtoverhang  debt  servitude  sovereign  debt  crisis  faultlines  Structural  Impediments  participation  rate  unemployment  imbalance  Makers  policy  error  policy  folly  macroprudential  policy  microeconomic  policy  monetary  policy  monetary  theory  unconventional  monetary  policy  monetary  transmission  mechanism  monetary  system  STEM  industrial  policy  Manufacturing  competitiveness  globalisation  globalization  flat  world  commodity  business  commoditization  borderless  deflationary  deflation  Software  Is  Eating  The  Marketplace  mobile  homescreen  mobile  phone  mobile  first  Smartphone  Revolution  2.0  energy  price  Oil  price  inflation  expectation  wage  stagnation  wage  growth  productivity  output  gap  underinvestment  Gini  coefficient  inequality  income  mobility  social  mobility  productive  investment  IMF  OECD  developed  world  emerging  emerging  growth  investment  midd 
august 2015 by asterisk2a
Japan Exports Its Way to Irrelevance - Bloomberg View
[ Politicians as always will react with reactionary unimaginative policy, competing for the same pie. instead of enabling, supporting new pies to be created. ] But Abe needs to recognize, as China already has, that this is only the latest sign of a broader reality: Asia's old export model of economic growth no longer works. [...] All the stimulus BOJ Governor Haruhiko Kuroda can muster won't change the worsening trajectory of the region's most-populous nation. That's why Abe needs to take a page from Beijing and focus more on creating new industries at home. [ the base of home grown new market/category/vertical also includes sound middle class to buy those products. demand at home. social safety net (security). and less inequality. progressive taxation. fight tax evasion/avoidance, monopoles, monopsonies, bribery, corruption. and politicians making policy for lobby. ]
Germany  Exportweltmeister  Japan  China  India  Latin  America  competitive  competition  competitiveness  flat  world  borderless  globalization  globalisation  differentiate  differentiation  Abenomics  economic  history  IMF  OECD  global  economy  global  trade  Future  of  Work  Universal  Basic  Income  tax  free  Mobile  Creatives  Mobile  Creative  3D  printing  Software  Is  Eating  The  Robotics  automation  ownership  cost  of  ownership  Millennials  consumerist  consumerism  Frontier  Markets  Developing  western  world  UK  USA  Europe  secular  stagnation  developed  world  current  account  deficit  lohndumping  Lohnzurückhaltung  liberal  economic  reform  neoliberalism  neoliberal  Career  Politicians  No  Representation  technological  progress  biotechnologie  biotechnology  on-demand  convenience  marketplace  efficiencies  commodity  business  commoditization  deflationary  deflation  21stcentury  Industrial  Revolution  2.0  policy  error  policy  folly  inequality  Gini  coefficient  social  mobility  mobility  squeezed  middle  class  complexity  Supply  and  Demand  Demand  and  Supply  unknown  unkown  unintended  consequences  asset  bubble  asset  allocation  hunt  for  yield  currency  currency  policy  policy  w 
august 2015 by asterisk2a

related tags

2.0  3D  21stcentury  Abenomics  account  Africa  allocation  America  and  asset  austerity  automation  balance  Basic  biotechnologie  biotechnology  bond  borderless  BRIC  bubble  bubbles  business  Career  China  class  coefficient  commoditization  commodity  competition  competitive  competitiveness  complexity  consequences  consumerism  consumerist  convenience  cost  Creative  Creatives  crisis  currency  current  debasement  debt  debtoverhang  decade  deficit  deflation  deflationary  deleveraging  Demand  developed  Developing  differentiate  differentiation  distortion  dogma  Eating  economic  economics  economy  efficiencies  emerging  energy  equity  error  Europe  expectation  Exportweltmeister  fairness  faultlines  first  fiscal  flat  folly  FOMO  for  free  Frontier  Future  gap  generation  Germany  Gini  global  globalisation  globalization  growth  history  homescreen  hunt  ideology  imbalance  IMF  Impediments  income  India  industrial  inequality  inflation  infrastructure  investment  Is  Japan  Koo  Latin  liberal  lohndumping  Lohnzurückhaltung  lost  macroeconomic  macroprudential  Makers  Manufacturing  market  marketplace  Markets  maximisation  mechanism  microeconomic  middle  Millennials  mobile  mobility  monetary  neoliberal  neoliberalism  New  NIRP  No  Normal  OECD  of  Oil  on-demand  output  ownership  participation  phone  policy  Politicians  price  printing  productive  productivity  profit  progress  QE  rate  recession  recovery  reflate  reflation  reform  Representation  Revolution  Richard  RMB  Robotics  round  savings  secular  servitude  shareholder  sheet  short-term  Silicon  Smartphone  social  Software  sovereign  speculation  speculative  squeezed  stagnation  STEM  stimulus  Street  structural  Supply  system  tax  technological  The  theory  thinking  trade  transmission  trickle-down  UK  unconventional  underinvestment  unemployment  unintended  Universal  unknown  unkown  USA  Valley  value  view  wage  Wall  war  western  Work  world  Yen  yield  Yuan  ZIRP 

Copy this bookmark:



description:


tags: