Headline on Bloomberg … Who is Fels? (No offence intended to Mr or Mrs Fels, by the way).

The only one I know is Professor Allan Fels, an Australian economist, who is a great guy. But I don’t think he’d give a toss either way on what Abe is up to.

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Ohhhh … here we go …. Joachim Fels, head economist at Morgan Stanley. My apologies to him. That shoulda clicked …

More:

  • The global economy is out of “sync”
  • Japan PM Abe likely to seek a mandate to push through reforms
  • Expect Abe will ultimately be successful in his reform agenda
  • China is in a controlled slowdown; a very difficult transition … China economy built up too much debt over past 5-10 years; moving to a better quality of growth
  • China inflation to stay below target for quite a long time

Headlines on Bloomberg