Dr. Michael Ivanovitch is an independent analyst focusing on world economy, geopolitics and investment strategy. He served as a senior economist at the OECD in Paris, international economist at the Federal Reserve Bank of New York and taught economics at Columbia Business School.
Follow him on Twitter: @msiglobal9
Settling scores over recent election outcomes is the price we pay for living in a democratic society.
Excess savings of the eight major East Asian economies currently stand at $755 billion.
The soaring Wall Street is a tough short.
Believing in euro's perennity as a viable transactions currency and a store of value looks like a formidable act of faith.
President-elect Donald Trump's talks with Carrier Corp. represent a complex economic policy challenge.
President Barack Obama said that "austerity cannot be the formula for growth," and vowed to carry that message to the rest of Europe.
Asia is more than one-third of world GDP and is the fastest-growing segment of the global economy. But what's the U.S. doing in this market? Not much.
Whoever won the election would have found clear policy markers, set by asset prices reflecting the current state of economic fundamentals.
The dollar is a direct and powerful transmission mechanism of American monetary policies to the rest of the world.