naufalsanaullah's blog
Technical & Macro Update - November 2011
Submitted by naufalsanaullah on 11/13/2011 11:36 -0500US data is turning up while European political hurdles are being cleared and Chinese inflation is cooling. But will the resilience of the US consumer be sustained with the current drop in income and savings? Will Europe experience any sustainable solution without the ECB engaging in explicit sovereign bond yield targeting/unsterilized QE? And will China be able to rebalance its economy away from exports and fixed asset investment toward consumption without a sharp drop in its GDP growth rate?
