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Monday, 1 September 2014

Charts today - fading global growth and corporate profits (?), manufacturers in Germany/UK call for change and a cartoon about economics...

Charts and graphics that caught my eye this morning:

Zero Hedge's updated 2014 global growth expectations has consistently been a striking chart this year...




Something to do with corporate profit progression stalling?  This chart was in today's Financial Times:


Also in The FT I was struck by the quite aggressive tone of the rhetoric from the CEO of one of Germany's largest companies.  'Overconfidence' sounds like a plea for a more business friendly approach?  Overt QE?


Meanwhile in the UK manufacturers probably want a weaker pound (which must be hurting especially versus the sharp recent decline in the euro).  Of course 'everyone' wants a weaker currency at the moment...


By definition not all currencies can fall simultaneously...this and other economic 'fails' are amusingly parodied here in a cartoon highlighted by :




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