Tantrum “lite” won’t help US Dollar
US financial markets have had to contend with three “hawkish surprises” so far this month and on each occasion price action has been broadly the same. Initially the Dollar rallied, the S&P 500 sold off and US Treasury yields rose but these (modest) moves were very quickly r… Become a member to read the […]
BRAZIL: Military challenged into supporting Bolsonaro’s autocratic reveries
Amid rising rejection towards his government and strong support for a presidential candidacy by former president Luiz Inacio Lula da Silva, President Jair Bolsonaro seems to have doubled down on his die-hard, social media-driven constituency. According to the polls, rejection of … Become a member to read the rest of this article
Economic recovery and resilience
The rate to which economic growth settles down will depend on countries’ investment response, including to going digital and green, and the quality of their structural policies. [pdf-embedder url=”https://speevr.com/wp-content/uploads/2021/05/Macro-series-Economic-recovery-and… Become a member to read the rest of this article
Digital European Economic Sovereignty? The Case of Semiconductors
Study prepared for the European Parliament’s Committee on Foreign Affairs (AFET).
US monetary policy and the financial channel of the exchange rate: evidence from India
The effect of US monetary policy on EMEs is one of the fiercely debated issues in international finance. We contribute to this debate using micro- and macro-level analyses from India over the period 2004-2019. Using a dynamic panel estimation model of non-financial firms, we show that US monetary tightening adversely affects firms’ net worth and reduces domestic credit relative to external credit…