Lioness Associates, Inc.

Economic & Corporate Risk/Yield Reports

November 18, 2013 -- Global Perspectives for December 2013

From the August 2013 period  --
"The graphs indicate that July/August signal (see arrow in the Risk/Yield graph below) a topping of the markets and while it appears from the graphs to be a down trajectory from August into September (see 2nd arrow in Risk/Yield) , it does not move strongly into the Risk, rather it dips slightly and then bounces along at about the equilibrium point (see arrow in the Delta Core/Transient).  This indicates that the global economy has some resilience to stand steady in the face of further unrest in areas like Egypt.

The end of the year starts to look a bit positive with a slight uptick into Yield (see rightmost arrow in the Risk/Yield) starting around mid-November.  Optimism associated with Transient factors rise in October and shortly after, the core factors start to rise. "

As we are moving into December 2013, it is apparent that the Global economy has been reaching stability and while the USA government shutdown may have impacted it short-term, it has had the resilience to surge ahead.  The global graphs are not highlighting any significant issues ahead and with the looks of the graph, I suspect that Global may do better that the USA economy as the USA struggles with the Congressional impasse.

The Global 2014 graphs coming soon ....