The downside risks from coronavirus are mounting
I am going to write mostly about the economic impact of the Covid-19 coronavirus outbreak today. But I have one or two other pieces to add here as well.
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Browsing Tag
United States
Millennials’ openness to socialism and more on a brokered convention
Happy Valentine's Day!
Let me make this a quick post, spurred on by three things - one thing I heard in conversation I had, one thing I heard on the radio, and one thing I read on Twitter.
Defining socialism
When I write ‘socialism’, really…
A brokered Democratic convention and the faltering European economy
Two topics today: the US and the EU. Unlike Monday, when it was the politics in the EU and the economy in the US, this time, I want to talk about the politics in the US and the economy in the EU.
Jobs report confirms health of US economy and gives a boost to Trump
The latest jobs report confirms that, on the eve of the coronavirus outbreak, the US economy was healthy, and that there was little chance of a near-term recession. I would go so far as to say that, even with the coronavirus outbreak, the…
Bullish US and EU data as we wait for the US jobs numbers
There are a lot of bearish views out there, suggesting recession is just around the corner. Frankly, I don’t see it.
Data setback for the economic bears
The US economy has been growing for a record 129 months now. And the data that's been coming out of the US recently indicate that's unlikely to change anytime soon. Could the economic effects of the coronavirus outbreak upset this trend?…
My constant end of cycle worries
Despite my seemingly panglossian 'cautiously optimistic' post last week, I am still very much worried that we are hitting the end of this cycle. I'll tell you why below. But, let me add just a few notes on style first! In keeping with 'the…
UK and US looking inward, withdrawing from global role
Quick note here
Did you know there was a peace negotiation surrounding Libya this past weekend? I certainly didn't until I watched the German evening news. This negotiation is getting absolutely zero play in the media in both the UK and…
Some soft US data doesn’t yet mean recession
Quick post outside the paywall here on some of the data coming out of the US recently
FedEx bellwether
I wanted to start with FedEx because it is often considered a bellwether of the US economy given its position at the center of shipping…
Take back control: the revolt of the working class
Framing the populist revolt
In the industrialized Western world, we are living through a great age of populism. There's no doubt about that now. The trigger for it was the Great Financial Crisis of 2007-2009 and the knock-on European…