The signing of the Trans-Pacific Partnership belies the fact that the US’s share of trade in the region has been declining for some time.
- Professor of Marketing and International Business, Michigan State University
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
Back in 2001, a Goldman Sachs economist said Brazil, Russia, India and China would become the powerhouses of the global economy in the coming decades. Is that still in the cards?
China’s interventions to cheapen its currency relative to others will hurt US imports in the short term, but the country’s surging “mainstream” will easily offset the impact.
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