Making A Separation

Stock markets seem to have been trying to separate the euro zone crisis from economic fundamentals elsewhere in the world. Back in August, financial markets were grappling with three big risks: a double-dip recession in the U.S., a total implosion … [Continue reading]

Fragile Equilibrium?

BCA Research | Fragile Equilibrium

Last week's income, consumption and inflation data suggest that the U.S. economy continues to muddle through, but the most interesting stories may be found beneath the headlines. The rush of high-impact economic data likely did nothing to change … [Continue reading]