True Economics

True Economics is about original economic ideas and analysis concerning everyday events, news, policy views and their impact on the markets and you. Enjoy and engage!

Thursday, August 6, 2015

6/8/15: Irish Services Activity Index: June's Belated Sell-in-May

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In previous post ( link here ) I covered Services PMI for Ireland for July. To remind you: we are witnessing a massive boom (according t...

6/8/15: Irish Services PMI: July Mirage of Growth

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Today, Markit released Services PMI for Ireland. Note: I have covered details of the Manufacturing PMI release link here . On Services s...
Wednesday, August 5, 2015

5/8/15: BRIC Composite PMIs: July 2015

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I covered BRIC economies' Manufacturing PMIs for July here:  http://trueeconomics.blogspot.ie/2015/08/4815-bric-manufacturing-pmis-jul...

5/8/15: Irish Industrial Production Up Spazillion Percent on Quazillion Widgets

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Why is it pointless to cover Irish economic data? Because of this! Let's put this into perspective: in a modern economy with lean ...

5/8/15: Irish monthly Unemployment Rate remains stuck at 9.7%

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CSO data on estimated unemployment (that used to be released with Live Register) shows estimated unemployment steady at 9.7% in July, for t...

5/8/15: Russian Services & Composite PMIs: July 2015

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Having covered Russian Manufacturing PMI for July here: http://trueeconomics.blogspot.ie/2015/08/3815-russia-manufacturing-pmi-july-2015.h...
Tuesday, August 4, 2015

4/8/15: IMF Downgrades Ukraine Growth Outlook

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IMF just published its Article IV consultation paper on Ukraine. Here are some key points (I am staying out of extensive commenting on the...

4/8/15: Of Corporate Stash and Irish Cash

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There are two things to notice in this Bloomberg chart: Source:  http://www.bloombergview.com/quicktake/profit-shifting-avoid-tax ...

4/8/15: Global Manufacturing PMI Signals Faltering Growth in July

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Global Manufacturing PMI was unchanged in July compared to June at 51.0, signalling weak growth and stalled growth momentum. Overall, acti...

4/8/15: Irish Manufacturing PMI: July 2015

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Irish Manufacturing PMI released by Markit showed accelerated growth in the sector in July, with activity growth signal rising from 54.6 i...

4/8/15: BRIC Manufacturing PMIs: July 2015

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Markit released Manufacturing PMIs for July for all BRIC countries, so here is the snapshot of the data: Brazil Manufacturing PMI rose ...
Monday, August 3, 2015

3/8/15: Europe as a Demographic Disaster

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Here are the latest UN projections for population growth though 2100 (best viewed by clicking on the image to enlarge): Source:  http:...
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