● Demography and the Making of the Modern World: Public Policies and Demographic Forces
John Rennie Short
Summary via publisher (Agenda Publishing via Columbia U. Press)
John Rennie Short critically explores the implications of demographic change from a social and economic perspective and considers what this means for public policy. He shows how events as varied and important as the Arab Spring, migration from Africa to Europe, budget negotiations in the United States, and economic growth in India and Brazil – all seemingly diverse issues from around the world – are shaped by forces of demography. Using the demographic transition model as a framework, the book examines the demographic forces that underlie major social and economic issues, and in particular, the range of public policies that have been developed, adopted and rejected to meet these population challenges.
Monthly Archives: August 2024
Total Return Forecasts: Major Asset Classes | 02 August 2024
The total return outlook for the Global Market Index (GMI) ticked lower in July, marking the first downshift in several months for this forecast. GMI’s long-term estimate now points to an annualized 7.0% performance, down slightly from the previous month, based on the average of three models (defined below). GMI is an unmanaged benchmark that holds all the major asset classes (except cash) according to market weights via a set of ETF proxies.
Macro Briefing: 2 August 2024
* US jobless claims rise to one-high year
* Wage growth in US for Q2 eased to slowest pace in 3-1/2 years
* US light-vehicle sales rebounded modestly in July
* Construction spending in the US fell for second month in June
* ISM Mfg Index dips in July, signaling ongoing sector contraction:
Major Asset Classes | July 2024 | Performance Review
US real estate investment trusts led a widespread rally in July for the major asset classes. The only laggard: commodities, which fell last month. Otherwise, global markets rallied across the broad for the start to the third quarter, based on a set of ETF proxies.
