Boston Globe (June 7)
“There are now twice as many nights when temperatures don’t drop below 70 degrees” in Boston and the heat will get worse “even under best-case scenarios for global warming.” At the end of the last century, “from 1971-2000, Massachusetts logged an average of four days above 90 degrees” per year. Looking ahead, annual 90-degree scorchers are projected to range from 10 to 28 days by mid-century, before reaching 13 to 56 days by 2099.
Tags: 70 degrees, Best case, Boston, Global warming, Massachusetts, Nights, Scenarios, Temperatures, Worse
New York Times (June 17)
“In many ways, the economic recovery from the coronavirus has defied the worst-case scenarios. Jobs, spending and markets have bounced back more quickly than expected, although they largely remain below pre-pandemic levels. This is mostly thanks to unprecedented government intervention, but many of those stimulus programs are set to expire soon. Then what?”
Tags: Coronavirus, Economic recovery, Intervention, Jobs, Markets, Pandemic, Scenarios, Spending, Stimulus, Worst-case
Investment Week (September 18)
“The global economy is in a tricky spot…. Money markets are pricing in two possible scenarios, with two very different outcomes. First, a high probability of limited Fed easing…. This would not be enough to kick‑start global growth. Second, a low probability of significant Fed easing, resulting in rates being cut close to zero. This—combined with some limited fiscal stimulus from Europe and China—would be enough to refresh global growth.”
Tags: EU, Fed easing, Fiscal stimulus, Global economy, Growth, Money markets, Outcomes, Pricing, Rate cut, Scenarios
Institutional Investor (December 21)
“As we face the end of another year, reviewing performance and planning 2018’s asset allocations, perhaps it is wise to remember that our worst (and best) case scenarios rarely materialize.”
Tags: Asset allocations, Best case, Performance, Planning, Review, Scenarios, Worst, Year end