EMAIL DETAILS

To view this message in a browser:
http://content.davidhaleweb.com/acton/ct/3037/s-015f-1411/Bct/l-sf-cl-701C0000000UEmJIAW-0024/l-sf-cl-701C0000000UEmJIAW-0024:15c/ct0_1/1?sid=h3R28y5VC

To download [How Energy Policy Is Boosting the US, but Harming Growth in Europe and Japan.pdf], click on the following link:
http://content.davidhaleweb.com/acton/ct/3037/s-015f-1411/Bct/l-sf-cl-701C0000000UEmJIAW-0024/l-sf-cl-701C0000000UEmJIAW-0024:15c/ct1_2/1?sid=h3R28y5VC

Dear R. Hunter,

The dynamics surrounding energy prices and policies in industrialized
economies have gained increased importance as global economic growth has
disappointed in recent quarters. Attached you will find our latest
special report, "How Energy Policy Is Boosting the US, but Harming
Growth in Europe and Japan", which analyzes this subject from a number
of perspectives. The report details the reasons why the US economy has
been a big winner from energy market dynamics in recent years while
these same dynamics have hindered growth in Europe and Japan to varying
extents. It also looks at the outlook for these dynamics in the future.

Key conclusions include:

The unconventional energy boom has boosted US growth through robust
investment, stronger trade, and a healthier consumer

High electricity prices are hurting German industrial competitiveness,
and businesses are starting to shift investment intentions away from the
country

Increased energy imports have hurt Japanese growth in recent years and
threaten to sink Shinzo Abe's term because of their effect on real wage
growth and consumption

A deal with Iran regarding its nuclear program later this month could be
a boon for the global economy

Natural gas contract structures have kept gas prices elevated in Europe
and Asia, although the shift towards spot market-based pricing in Europe
will be a positive for the region

I will be sending an updated survey of the developed economies tomorrow.
In light of Japan's recent surprise announcement of a GDP contraction
last quarter, we will also be sending you Richard Katz's most recent
report from The Oriental Economist .

With all best wishes,

David Hale

Chairman

David Hale Global Economics, Inc.

546 Lincoln Avenue, 2 nd Floor

Winnetka, Illinois 60093 USA

847-386-6009 (tel)

847-386-6011 (fax)

davidhale@davidhaleweb.com

LinkedIn Profile

http://www.linkedin.com/pub/david-hale/18/ba8/595

http://davidhaleweb.com

https://www.davidhaleweb.com/

http://whatsnextbook.com

http://whatsnextbook.com/

Copyright 2014, David Hale Global Economics Inc. All rights reserved.
This document is not for attribution in any publication, and you should
not disseminate, distribute or copy this e-mail without the explicit
written consent of David Hale Global Economics, Inc. Please contact the
sender if you believe you have received this email in error. Any views
or opinions expressed are solely those of the author and do not
necessarily represent those of David Hale Global Economics, Inc.

--------------------------------------------------------------------------------
Copyright (c) 2014 David Hale Global Economics
Our address is 546 Lincoln Avenue, 2nd Floor, Winnetka, IL 60093, USA

If you do not wish to receive future email, click here:
http://content.davidhaleweb.com/acton/rif/3037/s-015f-1411/-/l-sf-cl-701C0000000UEmJIAW-0024:15c/l-sf-cl-701C0000000UEmJIAW-0024/zout
(You can also send your request to Customer Care at the street address above.