The Trans-Pacific Partnership (TPP) has been an ongoing trade deal that was finally agreed upon by all the 12 countries. The secret deal connects 12 countries of US, Brunei, Chile, Australia, Singapore, Japan, Mexico, Vietnam, New Zealand, Canada, Malaysia, and Peru. The regional trade deal is already receiving mixed reviews that are focused on the environmental, labor, trade and intellectual property issues  The trade deal establishes international common standards and is likely to be a threat to those countries that have been left out. Some of the non-TPP countries also happen to be large emerging markets like China, India, South Korea and Taiwan. The trade deal was put under ‘fast track’Read More →

In an interview with CNBC, Mohamed El Erian’s thoughts seemed to align with Bill Gross’s statements. “I would have hiked earlier and I would have gotten off zero earlier, but it’s easier to say with hindsight,” El-Erian told CNBC. “We know that there was a moment when domestic data was relatively strong and international data was okay. Now, the international data is really scary, and therefore the Fed has lost the opportunity when it had some alignment.”Read More →