A no-holds-barred assessment of the economic depression, the rebound from the apparent nadir so far and prospects for the recent expansion to become self-sustaining as policy support for incomes and demand fades.
If the global economy reached the point of maximum compression in April, what comes next?
Sampling errors related to coronavirus containment policies likely mean the economy has been hit harder that the data suggest.
If the economies of the world undertake $6 trillion in deficit spending for fiscal stimulus this year, what happens next year, if the stimulus is not renewed or increased?
While the May bounce in payrolls was welcome, it barely made a dent in the road to job recovery.
The global economy likely passed the point of maximum compression in April. Carl Weinberg and Rubeela Farooqi discuss prospects for recovery from the coronavirus-induced depression.
Market conditions today may be a signal that financial crisis and economic crisis have become entangled with epidemiological crisis.
This is shaping up to be a really bad day for financial markets, made worse by another botching of a policy opportunity by the ECB.
The 1987 experience suggests that financial market volatility alone will probably not result in an imminent recession for the U.S. economy.
The BoE’s bold moves give us some hope that the ECB will lower capital adequacy standards to finally unleash some lending on a credit-starved economy.