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October 2020
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Reuters (October 19)

2020/ 10/ 20 by jd in Global News

“China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand.”


San Francisco Chronicle (October 4)

2020/ 10/ 06 by jd in Global News

“As President Trump’s fellow humans, we can only wish him and his wife the quick and painless recovery…. As citizens of the country he was elected to lead, we can only see his illness… early Friday, as the apotheosis of his mismanagement of the crisis, which has helped put more than 200,000 Americans beyond the reach of any well-wishes.”


LA Times (October 2)

2020/ 10/ 03 by jd in Global News

“Trump’s coronavirus infection is the result of his deadly, foolish recklessness.” His presidency “has been a disaster,” but this is still “a time for Americans to come together and wish Trump a speedy recovery…. We hope Trump will return to good health — and then be resoundingly defeated in November.”


Wall Street Journal (June 22)

2020/ 06/ 23 by jd in Global News

“Giant companies from McDonald’s Corp. to Intel Corp. are husbanding cash, cutting costs and tapping debt, all moves that bolster their resilience amid persistent uncertainty wrought by the new coronavirus.” Looking ahead, they are also trying to figure out “when it will make sense to economize less and spend more to avoid losing out to rivals once the recovery begins in earnest.”


Financial Times (May 9)

2020/ 05/ 11 by jd in Global News

“The grim picture of the US labour market in the midst of a lockdown that has choked economic activity will increase concerns that any rebound from the sudden deep recession could take longer than was expected just a few weeks ago.” With unemployment at 14.7%, “its highest level since the second world war,” any chances of a V-shaped recovery now look remote.


USA Today (April 12)

2020/ 04/ 14 by jd in Global News

With the postponement of the Masters, Tiger Woods was “rewarded with another seven months to reign as the king of the green jackets.” But recovery time could be an even bigger benefit. “This long, uncertain break as the nation has shut down due to the pandemic has to be helping the oft-injured Tiger gear up for what very well could be the most bizarre golf season we have ever seen.”


Seeking Alpha (April 6)

2020/ 04/ 08 by jd in Global News

Recovery is not just a matter of overcoming the virus. In fact, the world faces an overhanging economic challenge. “We’re likely in the later stages of a global debt supercycle. The sheer amount of debt in the world makes temporary income disruptions a lot more financially impactful than they would be in a system with less leverage. As of 2019, global debt surpassed $250 trillion, which is more than 250% of the world’s GDP.”


Reuters (October 18)

2019/ 10/ 20 by jd in Global News

“The prospect of Aramco selling a piece of itself has had Wall Street on tenterhooks since Crown Prince Mohammed bin Salman first flagged it three years ago.” But it looks like the IPO will again be delayed, possibly until next year, to “bolster investor confidence” by reassuring them of the company’s recovery from recent attacks. The sought-after $2 trillion valuation remains in question as “countries have been accelerating efforts to shift away from fossil fuels to curb global warming.”


New York Times (November 9)

2018/ 11/ 10 by jd in Global News

Brazil “had been on an upward trajectory, that seemed to have shaken off the legacy of instability.” Instead, it “suffered a terrible recession and is experiencing a very slow recovery.”  The nation “appears to have been hit by a perfect storm of bad luck and bad policy: The global environment deteriorated sharply…. Domestic private spending also plunged… Policy, instead of fighting the slump, exacerbated it.”


Barrons (December 30)

2017/ 12/ 30 by jd in Global News

“Largely absent during the economy’s eight-year recovery from the financial crisis, inflation is on track to pick up in 2018—and it might just catch investors off-guard.” Even a return to modest inflation, e.g. 2.5%, would be a jolt that “could reshuffle the market.”


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