The contrast seems grotesque. A deadly pandemic has shut down the global economy and left millions of workers furloughed, fired, or stranded without gigs. The future for most businesses looks uncertain to dismal. Yet U.S. stock indices are near all-time highs, at giddy valuations comparable to the 2000 dot-com bubble and 1929. Read Here – […]
…Analysis of the respective stock markets and incumbent political parties of Australia, Canada, France, Germany, and the United Kingdom finds a result opposite that identified in the US, indicating that investors should interpret historical statistical relationships with a healthy skepticism. Read Here – Research Affiliates
The sheer range of known unknowns for 2017 — the outlook for China’s economy, the effect of populism on European politics, the scattergun policy-making of president-elect Donald Trump — makes a low level of uncertainty unlikely to persist. Read Here – BloombergView
This weekend’s annual meetings of the International Monetary Fund and the World Bank, which brought together finance ministers and central bank governors from almost 200 countries, seem to have yielded no material changes in policy formulation at either the national or multilateral levels, and offered little to alter views on global economic prospects. Read Here – BloombergView
China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading government think tank says. Read Here – People’s Daily
looking beyond borders 