The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Agenda Macro

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lunes, 12 de agosto de 2013

National activity index less negative in June

WASHINGTON (MarketWatch)
The U.S. economy improved slightly in June, as the national activity index rose to negative 0.13 from negative 0.29 in May, according to the Chicago Fed
The three-month average rose to negative 0.26 from negative 0.37 in May
The index, a weighted average of 85 different economic indicators, is designed so that readings of zero indicate trend growth, and if the three-month average falls below negative 0.70, that indicates an increasing likelihood a recession has started

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