14 Predictions for 2016 from the Brightest Minds in Finance

by Michael Boyle, Margaret Collins , Pia Gadkari , Yoolim Lee Watch for a Worldwide Recession Ruchir Sharma, head of emerging markets equity and global macro, Morgan Stanley Investment Management “We are now just one big shock away from a global downturn, and the next one seems most likely to originate in China, where heavy debt, excessive investment, and population decline […]

China’s yuan may enter IMF basket with lower share: sources

Thu Nov 19, 2015 10:13am EST China’s yuan may come into the International Monetary Fund’s benchmark currency basket at a lower weighting than the 14-16 percent range estimated by economists, people briefed on the Fund’s discussions told Reuters. IMF policymakers are expected to add the Chinese currency to the Special Drawing Rights basket later this […]

Falling U.S. inventories boost oil prices

LONDON | BY SIMON FALUSH Oil rose on Wednesday on reports of falling stockpiles and rising refinery activity in the United States, but analysts said a global supply glut would keep prices under pressure. Brent crude futures LCOc1 were up 77 cents at $44.34 per barrel by 0937 ET after settling 99 cents lower the […]

Rising U.S consumer prices further support rate hike views

WASHINGTON | BY LUCIA MUTIKANI U.S. consumer prices increased in October after two straight months of declines as the cost of goods and services rose, signs of firming inflation that further support expectations that the Federal Reserve will raise interest rates next month. The Labor Department said on Tuesday its Consumer Price Index increased 0.2 […]

The Three Major Trends that Shaped the Global Economy for Decades Are About to Change

by  Luke Kawa Demographics can explain two-thirds of everything, University of Toronto professor David K. Foot famously quipped. And according to Charles Goodhart, professor at the London School of Economics and senior economic consultant to Morgan Stanley, demographics explain the vast majority of three major trends that have shaped the socioeconomic and political environments across […]