Daily Note – Greek drama far from over!

Alexia Tsipras, Nikos VoutsisSummary

  • China becomes a competitor rather than a consumer
  • Greece: Trouble brewing
  • United States: Stronger Industrial Production
  • The Week Ahead: Focus on the Fed

Good morning,

Standing back, the last few weeks have caused me to have a look at what happens when as the FT said this morning when China becomes a competitor rather than a customer. China has been the world’s largest customer in the past few years, buying up all sorts of stuff from emerging markets to make all sorts of stuff for the world to buy. Now that this is slowing down and the Chinese are trying to steal demand from the rest of the world via currency devaluation, the game has changed. Keep that in mind.

Let’s have a look at the Balkans now.

Download a FULL PDF version of the Daily Note:

GlobalMacro360 Daliy Note 17th of August 2015


The statements, opinions and analyses presented in the articles, newsletters, and other materials appearing on this website are provided as general information and for educational purposes. Opinions, estimates and probabilities expressed herein constitute the judgment of the author as of the date indicated and are subject to change without notice. Nothing contained in this website is intended to be, nor shall it be construed as, investment advice, nor is it to be relied upon in making any investment or other decision. Prior to making any investment decision, you are advised to consult with your broker, investment advisor or other appropriate tax or financial professional to determine the suitability of any investment. David McWilliams shall not be responsible or have any liability for investment decisions based upon, or the results obtained from, the information provided.

Categories: Daily Note