Financial Times (November 16)
“The US economy is facing an accelerating surge in coronavirus cases and harsh new restrictions on business activity without the cushion of meaningful fiscal support, raising fears of a blow to the recovery.” The market has rallied on vaccine advances, but “the deteriorating health situation across the country presents an imminent threat to the US economy as the winter months approach.”
Tags: Accelerating, Advances, Coronavirus, Deteriorating, Economy, Fears, Fiscal, Rallied, Recovery, Restrictions, Support, Surge, US, Vaccine
Seattle Times (October 27)
“The world’s biggest buyers of commercial jets believe Boeing, which is set to report more heavy financial losses Wednesday, has fallen significantly below parity with rival Airbus — with limited options for recovery as it bleeds cash during the pandemic-driven aviation crisis.”
Tags: Airbus, Aviation, Bleeds, Boeing, Buyers, Cash, Commercial jets, Limited, Losses, Options, Pandemic, Parity, Recovery, Rival
Reuters (October 19)
“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.”
Tags: Caution, China, Consumers, Coronavirus, Drivers, Expected, Global demand, Growth, Persistent, Recovery, Risks, Weaker
San Francisco Chronicle (October 4)
“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.”
Tags: Apotheosis, Crisis, Elected, Illness, Mismanagement, Painless, Recovery, Trump
LA Times (October 2)
“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.”
Tags: Coronavirus, Deadly, Defeated, Disaster, Foolish, Health, Presidency, Recklessness, Recovery, Trump, U.S.
Wall Street Journal (June 22)
“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.”
Tags: Cash, Coronavirus, Costs, Debt, Economize, Intel, McDonald's, Recovery, Resilience, Rivals, Uncertainty
Financial Times (May 9)
“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.
Tags: Economic activity, Grim, Lockdown, Rebound, Recession, Recovery, Remote, U.S., Unemployment, V-shaped
USA Today (April 12)
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.”
Tags: Bizarre, Golf, Green jacket, Injured, Masters, Pandemic, Postponement, Recovery, Tiger, Tiger Woods
Seeking Alpha (April 6)
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.”
Tags: Disruptions, Economic challenge, Global debt, Income, Leverage, Recovery, Supercycle, Virus
Reuters (October 18)
“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.”
Tags: Aramco, Confidence, Fossil fuels, Investors, IPO, MBS, Recovery, Valuation, Wall Street
