Over the last few days global economic data / information has appeared in the Wall Street Journal.
While common threads exist it is the individual divergence that may impact your situation.
What is the impact on your business or a client’s enterprise?
Enterprises with investment grade ratings are turning to the Eurozone to issue long term debt instruments to take advantage of the trillion being made available. 10 year bonds with yields of 3.9% and 30 year bonds with yields of 4.7%. Yields are running 1.7% above treasury yields.
What will these bonds be selling for in a few years?
The universal we live with oceans on two sides and friendly neighbors north and south. Well mostly friendly.
This insulates us from the ongoing turmoil that concerns all of us. That said the world is smaller than we all think and what transpires around the globe directly and indirectly impacts all of us.
If China has a cold how will it impact our growth and ultimately us individually? Russia’s economic woes evolving from its aggression, not seen in decades, and the aggression itself create questions and opportunities.
Germany, the leader of the EU, reflected surprising strong economic data in the face of healthy headwinds. Greece is a non-issue for us but if it impacts major players in the world.
How will it impact us?