Global activity picked up modestly since Labor Day

October 30th, 2013|by Michael Ashley Schulman, Perspectives, The Big Picture|

Global activity picked up modestly since Labor Day, helped by an increase in Chinese activity and further stabilization in Europe. Nonetheless, world trade has been stagnant for almost two years, prompting a lively debate about whether this is a ‘new normal’. Some commentators argue that in the decade preceding the financial crisis, a series of […]