The most concerning danger in the global economy is that central banks have entered an unstoppable race that is creating larger and riskier imbalances, as shown here: “Asset Bubbles to Zombie Companies: The Dark Side of Rate Cuts” shows. Continue reading Can a new stimulus plan revive the eurozone economy?
Is there an imminent risk of recession in the US?
US GDP came above estimates, at 2.1% for the second quarter of 2019. However, the signs of a slowdown are evident in manufacturing, economic surprise and earnings, despite strong consumer confidence and service sector.
What should we be looking for?
Why Germany should avoid a spending stimulus or a large bank merger
A German spending stimulus would have no discernible impact on the eurozone growth and it would put Germany in a weaker position. Continue reading Why Germany should avoid a spending stimulus or a large bank merger
The UK Economy, Brexit and Boris Johnson’s Challenges
Watch my interview about the challenges and opportunities for the UK economy.
Reaching an agreement that benefits everyone is difficult, but not impossible. Continue reading The UK Economy, Brexit and Boris Johnson’s Challenges