Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Wednesday, July 30, 2014

World IP holding up despite Europe

World industrial production is holding up despite a very weak Europe. The US is strong and Asia has started to turn up again. Together they are more than 50% of World IP, enough to offset Europe at 20%.

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