Category: G7
Financial repression: a more subtle knife
Llewellyn Consulting
June 10, 2020
- High public sector debt levels are set to remain at the core of the economic policy debate.
- Periods of elevated and rapidly rising debt are rarely reversed without some form of default.
Growth interrupted: World was in recession in Q1 2020
4X Global Research
April 24, 2020
Forecasts of the scale of a likely global economic recession and the shape of the recovery often give little thought to the economic variables being measured or their timeliness.
Based on 4X Global Research’s own quarterly global GDP series and its correlation with the global PMI Composite Index, we estimate that global GDP growth slowed to about 0.5% yoy in Q1 from 3.0% in 2019.… Read the rest
National economic recessions – The price to pay
4X Global Research
April 13, 2020
The consensus forecast is that GDP contracted in many major economies in Q1 and will most definitely contract in Q2 as a result of the negative impact of national lockdowns on supply and demand.… Read the rest
Chart of the month – Monetary policy in advanced economies – January 2020
Llewellyn Consulting
January 28, 2020
Central bankers made a significant volte-face in 2019
… but they now retain limited latitude to respond to new negative shocks
1. Slower economic growth and sagging inflation prompted a broad shift towards monetary easing in 2019.… Read the rest