Macro Series – Comment – War footing? Not Really
The fight against COVID-19 may be likened to a war: but in fiscal terms it is smaller. The spread of the COVID-19 virus is now dominating lives to the extent that at least two national leaders, President Macron of France and Prime Minister Johnson of the UK, and latt… Become a member to read […]
CHINA: Economy ends 2019 strongly, but property troubles lie ahead
● Modest and targeted stimulus was effective in 2019, and recent economic data is positive. ● But recent stabilization is likely temporary; weakness could resume late in Q1. ● The housing market is the key variable for growth and stimulus in 2020. China’s e… Become a member to read the rest of this […]