The New Normal

The New Normal was a term to describe the financial conditions after The Great Recession of 2008-2009 by Mohamed El-Erian, currently the chief economic advisor at Allianz. The concept of the New Normal is that the economy would remain sluggish and take many years to recover. The Old Normal   The Old Normal for many… Continue Reading: The New Normal

Greek Drama Plays Out on Global Stage

  The second quarter ended with all eyes on Greece after the country failed to reach an agreement with its creditors. The impasse resulted in shuttered banks and imposed capital controls, at least until a July 5 referendum on whether to accept further austerity measures in exchange for a European bailout. The Mediterranean country also… Continue Reading: Greek Drama Plays Out on Global Stage