Sep 10, 2020
The V-Shaped Recovery Marches On
Despite all of the doom and gloom of the past six months, much of the global economy continues to show signs of a sharp recovery from the pandemic-induced collapse this spring. And...
Aug 10, 2020
Are Financial Markets None the Wiser?
Obviously, a disaster scenario in which COVID-19 vaccine trials fail and the pandemic spins out of control would expose the ongoing equity rally as a case of irrational exuberance....
Jul 9, 2020
A V-Shaped Recovery Could Still Happen
Given the sheer scale and unprecedented nature of the COVID-19 economic shock, it is not surprising that most commentators believe the outlook for recovery is bleak. But key weekly...
Apr 30, 2020
Reading the COVID-19 Market
There is no telling whether equity markets are correct in defying the popular narrative about a coming Great Depression-scale downturn. Investors may be clinging to irrational hopes,...
Jan 16, 2020
Has the World Economy Reached Peak Growth?
Whether or not the 2010s were a "lost decade," one thing is clear: many countries fell short of their potential, possibly squandering their last best shot of registering strong GDP...
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