Net purchases of securities by foreign investors in US markets picked up slightly in September, reaching $63.4 billion, after a dip to $59.9 billion in August. Foreign investor participation in US capital markets is thus running [...]
Introducing
Carol Stone, CBE
in:Our Authors
Carol Stone, CBE came to Haver Analytics in 2003 following more than 35 years as a financial market economist at major Wall Street financial institutions, most especially Merrill Lynch and Nomura Securities. She has broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securites, among other duties, she developed various indicator forecasting tools and edited a daily global publication produced in London and New York for readers in Tokyo. At Haver Analytics, Carol is a member of the Research Department, aiding database managers with research and documentation efforts, as well as posting commentary on select economic reports. In addition, she conducts Ways-of-the-World, a blog on economic issues for an Episcopal-Church-affiliated website, The Geranium Farm. During her career, Carol served as an officer of the Money Marketeers and the Downtown Economists Club. She has a PhD from NYU's Stern School of Business. She lives in Brooklyn, New York, and has a weekend home on Long Island.
Publications by Carol Stone, CBE
Global| Nov 12 2004Japanese GDP Slower with 0.1% Increase. Haver Databases Updated Faster with New "Asian Shift"
Japan's GDP barely moved in Q3, gaining a bit less than 0.1%. Press reports asserted that this was a disappointing figure, as forecasters had expected 0.5%, stronger than in Q2, not weaker as seen in the actual result. However, there [...]
- Global| Nov 11 2004
German Growth Slows in Q3; Netherlands and Spain See Improvement
German economic growth slowed in Q3 to almost flat. At 503.15 billion, GDP was up just 0.1% from Q2. Both Q2 and Q1 had 0.4% gains. These stronger periods helped to maintain the year-on-year advance at 1.3%, down just a bit from Q2's [...]
- Global| Nov 10 2004
Slovakia Employment Firms in September; Former Soviet-Bloc Nations Show Irregular Progress 15 Years Later
Last night was the 15th anniversary of the fall of the Berlin Wall. Yesterday's (November 9) Wall Street Journal included a major article arguing that the resulting reunification of Germany had not brought the anticipated surge of [...]
- Global| Nov 05 2004
Employment Gains in Canada, Too; Unemployment Rate Stays Flat
Employment in Canada, measured by the Statistics Canada labor force survey, showed a second consecutive monthly advance in October, up 34,300 after September's 43,200 increase. The number of workers had been basically flat across the [...]
- Global| Nov 04 2004
Consumer Prices Quiescent in Chile, but Wholesale Prices Surge
Consumer inflation in Chile remains quite mild. Through October, for which data were published this morning, the total CPI was up just 1.9% from October 2003, and the rate excluding food and energy was a mere 0.9%. These rates are [...]
Employment in both Germany and Italy is inching forward, according to reports for August issued in the last two days. German employment, according to its labor force survey, has edged ahead each month this year and in August was 0.3% [...]
- Global| Oct 29 2004
People's Bank of China Raises Lending Rate; Removes Cap on Bank Rates in Major Monetary Policy Shift
The People's Bank of China surprised world markets yesterday with a hike in its prime lending rate to 5.58% from 5.31%. The former level had been in place since February 2002. The move concludes an 8-1/2 year span of rate cuts. While [...]
- Global| Oct 28 2004
French Industry Noticeably More Optimistic, Unlike Neighbors
Unlike other major European countries discussed here in the last few days, industry leaders in France are increasingly optimistic. The overall Business Climate Index, a composite of their assessment of trends in production and orders, [...]
- Global| Oct 27 2004
U.S. Durable Goods Orders Turn Up, Helped by Machinery & Computers
September durable goods orders continued to be pushed around by the aircraft sector. Orders in that volatile industry fell back for a second month after their spike in June and July. Total durable goods orders turned up 0.2% following [...]
- Global| Oct 27 2004
U.S. Durable Goods Orders Turn Up, Helped by Machinery & Computers
September durable goods orders continued to be pushed around by the aircraft sector. Orders in that volatile industry fell back for a second month after their spike in June and July. Total durable goods orders turned up 0.2% following [...]
- Global| Oct 21 2004
UK Retail Sales Strong in September, But Trend Moderates
Retail sales in the UK bounced in September, surging by 1.0% in volume terms from August, and growing 6.8% from a year ago. The strength was in household goods, "other" non-food stores (which would include car dealers and a myriad of [...]
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