Pinchas Landau On Tuesday, August 26th, 2014

Sean Ferguson

– A very hoary joke tells the story of an East European Jew, just arrived in New York and not speaking a word of English, who leaves Ellis Island with a brand new name: Sean Ferguson. Asked to explain More...

Pinchas Landau On Monday, August 18th, 2014

Israel Economy: Consumer Price Index and Inflation Data for July and January-July 2014

– Bottom line: The Consumer Price Index (CPI) rose by 0.1% in July — but it has risen by the same amount for the seven months ending in July! For the 12-month period through July the index shows a rise More...

Pinchas Landau On Monday, August 18th, 2014

Israel Economy: Trade Data for July and January-July 2014

– Bottom line: The trade data for July contained no good news; rather there were several indications that things are getting worse. Exports continued to display weakness almost across the board, while More...

Pinchas Landau On Monday, August 18th, 2014

Israel Economy: GDP Data for Q2 and for H1 (First-Half) of 2014

– Bottom line: The pace of economic expansion, as measured by the GDP data, fell to an annualized rate of 1.7% in the second quarter. The 2.5% rate of growth for the first half of 2014 reflects the More...

Pinchas Landau On Sunday, August 17th, 2014

Hollow Capitalism

– Until very recently — mid- to late-July, to be exact — American and European stock markets were marching steadily higher. In many cases, new all-time-high levels were being achieved with monotonous More...

Pinchas Landau On Saturday, August 9th, 2014

The Threats Multiply

– Whilst you were understandably busy with local developments, the world carried on spinning — increasingly out of control. Anyone who follows the global financial markets will be aware that they are More...

Pinchas Landau On Saturday, August 9th, 2014

Maison Malaise

– I mentioned last week that most people in the world, and virtually everyone in Europe, is far more focused on and concerned about the crisis between ‘the West’ –  meaning the US and EU – More...

Pinchas Landau On Monday, July 28th, 2014

Don’t Mess With Transport

– From the Halls of Montezuma To the Shores of Tripoli; Thus opens the battle hymn of the United States Marines. The Halls of Montezuma sound Mexican — and so they were, so it’s not surprising More...

Pinchas Landau On Sunday, July 20th, 2014

Even ‘They’ Are Warning You

  Most people don’t think — many no longer can, even if they try, because their capacity for independent thought has been systematically eroded by prolonged over-exposure to the media. Every successive More...

Pinchas Landau On Sunday, July 20th, 2014

Israel: Trade Data for June and First Half 2014

– Bottom line: Jerusalem, we have a problem. The trade data for June were unsatisfactory, but what is far worse is that they represent another link in a steadily deteriorating trend. This review More...

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