And here is the chart of the market cap to GDP ratio itself: As you’ll notice, the CAPE ratio and the Cap/GDP ratio correlate very closely, which further strengthens the case that the CAPE ratio is a reliable measure of market valuation. Shortcomings of CAPE and Cap/GDP CAPE: The CAPE...
JOHANNESBURG (Reuters) - South Africa's current account deficit narrowed in the second quarter, to 0.9% of gross domestic product (GDP) from 1.5% of GDP in the first quarter, central bank data showed on Thursday. In rand terms the current account deficit narrowed to 64.6 ...
We have revised up our forecast for Russia’s current account surplus for 2024 from 1.5% of GDP to 2.3% of GDP. This still reflects a narrowing from 2.5% recorded in 2023 and 10.3%
“I expect (GDP) for the year to probably be around 2.5%, or maybe a little higher. I expect the labor market to continue where it is, and maybe [show] a little further cooling.The current unemployment rate is 4.1% [in October].Maybe it will get up to 4.25%.And I expect inflation...
GDP 5.0 3.5 1.8 4.9 0.4 -1.6 -2.1 -6.6 -5.1 -0.7 -8.9 -2.8 -3.4 N/A * Total net inflows exceed net outflows by $148 billion due to statistical errors and omissions; some of this could reflect "gray market" money as well as the fact that some countries do...
We apply modern technology to amplify human productivity, and the linkage between money, time, and the economy can be seen in the concept of Productivity. In economics it’s measured as $ of GDP per hour of labor – it quite literally expresses to us that money is embodied time! Perhaps ...
According to CapGemini, incumbents in the financial industry see wallets and mobile payments from fintech providers as the most significant offerings impacting their companies. That may be why they’re resorting to big moves to protect their business. ...
Economic activity continues to grow over the whole scenario period resulting in an 86% growth in GDP. - "Sustainability Eventually" (SuE): Europe transforms from a globalised, market- oriented to an environmentally sustainable society, where local initiatives are leading. Landscape is the basic ...
The overall fiscal deficit on the Accountant General's basis is projected at $1,029.0 million or 12.0% of nominal GDP at market prices estimated at $8,564.0 million. When converted to International Financial Institutions' basis the fiscal deficit is projected at $584.6 million or 6.8% of GDP...
At the peak of the 1990s economic cycle, there was actually a brief budget surplus as high as 2% of GDP from the unexpected surge in tax receipts from the equity boom of the era. The subsequent recession caused the customary revenue crash and hence a deficit. The peak of the next busines...