Germany

Why Credit Suisse Thinks Millennials Are The "Unluckiest" Generation

"The Millennials have not been a lucky cohort so far...  Some have had substantial family help in paying for education and buying homes, and some stand to inherit from wealthy boomer parents in the future. But there are many Millennials who have not been so fortunate...."

German Q3 GDP Growth Smashes Expectations

While the Eurozone’s structural problems remain unaddressed and the ECB’s ability to wind back its stimulus remains untested, the worst part of Germany's economic strength and the broader Eurozone resurgence, is that a host ECB bureaucrats will be putting themselves forward to take the credit.

Manic Tories Trump Monty Python

"There can be little doubt that the British, in general, have a sense of humor. And that’s perhaps the lens through which we should view the country these days..."

The Arctic Silk Road: A Huge Leap Forward For China And Russia

The Silk Road, renamed the Belt and Road Initiative (BRI), is developing infrastructure along land and sea trade routes. However, little is known about China’s initiative in the Arctic Circle, which represents a new route that Beijing is now able to develop thanks to technology together with the strategic partnership with Russia.

Stockman: US Entry Into World War I Was A Disaster

"103 years ago, in 1914, the Federal Reserve opened-up for business as the carnage in northern France was getting under way... And it brought to a close the prior magnificent half-century era of liberal internationalism and honest gold-backed money."

Millions Face Starvation In Yemen Due To US-Ally Saudi Arabia's Blockade

"Two years ago, German intelligence warned the world of the unique risks Saudi Arabia posed to the region...At the core of this intelligence warning was none other than crown prince Mohamed bin Salman, and the recent purge finally threw it all into the spotlight for everyone to see."

Key Events In The Coming Week: Taxes, Inflation, Yellen, Draghi, Kuroda And Brexit

This week’s economic calendar features several key data releases and Fedspeak. The main data release in US include: CPI inflation, retail sales, industrial production, housing data and monthly budget statement.Away from the data the ECB’s Draghi, Fed’s Yellen, BoE’s Carney and BoJ’s Kuroda are all scheduled to participate on a policy panel hosted by the ECB.