MarketWatch (May 15)
“A big bounce for stocks on Friday still leaves the main U.S. stock market benchmark close to entering a bear market as investors fret over the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation — a pernicious combination of slow economic growth and persistent inflation.”
Bloomberg (August 13)
“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.”
Tags: Analysts, Bounce, Consumer spending, Economy, G-7, Growth, IMF, Japan, Outlook, Q2, Recovery, Surges, Vaccination
Reuters (November 1)
Expect some Brexit volatility for the pound. “With less than five months until the marriage is due to end, the two sides have yet to finalise a divorce settlement and if none is made by the end of March,” the current consensus is that “sterling will fall to $1.20.” The same poll of economists predicted “the pound would bounce to $1.35 if a deal is made.”
