The reopenings have led to a sharp rebound in activity, but new localised Covid-19 outbreaks have cast a renewed cloud over the global economic outlook…
Covid-19 infections and hospitalisations are on the rise in many states, leading to fears that the recovery could falter in response to renewed…
Recent indicators point to a V-shaped recovery, but that won’t last very long. With the European Central Bank trying to appease the German…
Domestically-driven growth has been faster than foreign-driven exports and manufacturing. It seems that occasional Covid-19 clusters have not disrupted…
First China, now India and Indonesia – two more of Asia’s largest economies face their worst recession in decades. But the divide in the…
Covid-19 continues to spread across Latin America but, given the mounting economic costs of stay-at-home orders, governments are easing social isolation…
This month, we’ve been tasked with looking at the effects of lockdown exits on FX markets. The truth is that there does not seem to be a strong…
Most financial instruments are present values of a discounted stream of future income. For equities that is earnings, for core bonds it is coupons, plus…
President Trump is languishing in the polls both nationally and in the swing states that are key to winning the electoral college and re-election.…
It seems that Central and Eastern European economies are through the worst and a gradual recovery lies ahead. Despite the sharp fall in growth, there…
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