Wall Street Journal (November 7)
“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.
Tags: Central bankers, Disruptions, Executives, Extraordinary, Global, Growth, Inflation, Missteps, Precarious, Recovery, Risk, Robust, Strategy, Supply chain, Weaning
Bloomberg (December 21)
With China’s economy seemingly destined to become the world’s biggest, government missteps look increasingly likely to derail the benefits that would otherwise accrue. “Chief among these self-inflicted wounds would be closing the country to foreign investment, extending state control of the economy and adopting an adversarial relationship with neighboring nations. Ominously, the country seems to doing all of these now, to one extent on another.”
Tags: Adversarial, China, Derail, Economy, Foreign investment, Government, Missteps, World's biggest
New York Times (May 30)
Many are incredulous that the market hasn’t plummeted despite President Trump’s missteps. “The stock market is best understood not as a presidential poll but as a barometer of the nation’s current economic mood, and it remains buoyant now for reasons unconnected to the White House.”
