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New York Times (December 7)

2021/ 12/ 09 by jd in Global News

“Stocks have swung wildly since the Omicron variant of the coronavirus emerged, once again raising concerns about the pandemic’s potential to damage the global economy.” In two years of “market upheaval,” a pattern has emerged. “Each bout of pandemic-driven volatility in the stock market since February 2020 has been shorter than the one before, and followed by a recovery to a new high. “

 

The Guardian (November 26)

2021/ 11/ 27 by jd in Global News

“The world’s major central banks are scratching their heads over how to deal with the rising cost of living. Raising interest rates now could deal a blow to the post-pandemic recovery. Wait too long, and inflation may spiral out of control.”

 

Wall Street Journal (November 7)

2021/ 11/ 09 by jd in Global News

“The global recovery—while still robust—is at a precarious point, with the risk of missteps.” A recent survey shows “Only about a fifth of businesses judge that the worst of the supply-chain disruptions has passed,” complicating strategy for executives. Meanwhile, central bankers “are trying to chart a path that will curb inflation but not choke off growth as they navigate the process of weaning economies” from extraordinary support.

 

Bloomberg (August 13)

2021/ 08/ 15 by jd in Global News

“It seems like Japan’s big recovery is always a quarter away.” The economy may just barely manage growth in the second quarter, but the slow vaccination rollout and ongoing surges mean “the bounce in consumer spending that analysts had been forecasting will have to wait even longer.” Japan has earned “the dubious distinction of being the only G-7 economy to have its growth outlook for this year cut by the International Monetary Fund.”

 

Wall Street Journal (August 12)

2021/ 08/ 13 by jd in Global News

“The rapidly-spreading coronavirus Delta variant and its impact on the global economy mean the world will consume less oil this year,” Lowering its forecast, the IEA’s latest market report notes that “the worsening of the pandemic, as well as revisions to historical data, mean its global oil demand outlook has been “appreciably downgraded,” with some of this year’s forecast recovery shifted to 2022.”

 

Reuters (March 15)

2021/ 03/ 15 by jd in Global News

U.S. airlines are pointing to “concrete signs of an industry recovery as a slowing COVID-19 pandemic helps leisure bookings.” One of them, “Chicago-based United, which had been among the most pessimistic of the airlines heading into the pandemic a year ago, is the first to say it could hit the industry’s cash burn milestone” and return to the black in March.

 

Wall Street Journal (February 17)

2021/ 02/ 18 by jd in Global News

“Continental governments have spent trillions during the pandemic keeping firms alive and people in jobs, but that safety net could be putting off the economic deep cleaning that normally comes with recessions.” Concern is growing that “mothballing the economy for so long will leave it struggling to adapt to the seismic business and social changes the crisis is driving. That could stall an economic recovery.”

 

Bloomberg (February 12)

2021/ 02/ 13 by jd in Global News

“GameStop is only the most public manifestation of a trend that radically departs from all precedents. Some of the potential consequences are worrying…. The most heavily shorted stocks have been doing well ever since the recovery from the initial shock of the pandemic got under way last March.” This has created “a historic ‘black swan’ disaster for short sellers.”

 

Wall Street Journal (January 29)

2021/ 01/ 30 by jd in Global News

“You know political spin is at work when the economy grows by 4% in the fourth quarter but the headlines are that growth fell for the entire pandemic year. Everyone already knows the economy fell off the cliff in the first half of 2020. The news is that the economic recovery is continuing despite the winter Covid surge.”

 

WARC (December 3)

2020/ 12/ 05 by jd in Global News

With the “coronavirus in check,” China’s economy “is showing increasing signs of recovery.” This now extends to alcohol sales. “As social distancing rules and dining out restrictions are eased, brewers and distillers report increased demand, and the Chinese consumer, it seems, has a thirst in particular for premium brands.” The “growing penchant for premium products” is happily in step with the Government, which is promoting them as “a key driver of the country’s economic recovery.”

 

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