economy

Don’t overlook warning signals

The recovery to pre-pandemic level is not as easy as we thought. China’s slowing V-shaped economic rebound sends a warning message to the rest of the world. UK’s Johnson also warns…

economy

Are we so sure about the future?

A robust economic recovery may not be a 100% sure thing. As Delta just became the dominant coronavirus strain in US, and labor market recovery remains choppy, we may need to rethink the pace of recovery.

economy

I am catching up

We just looked at how stock markets performed in each region, how about their economies? Is their recovery on the track?

economy

We have a deal

…announced by Biden on Thursday – referring to the long-debated infrastructure deal. 👏 A tentative USD 579 bln plan was agreed with a group of Democratic and Republican senators. You think the story ends here? Not really..

economy

Happy to see this

We’ll be glad to see the economy picking up: the euro area’s economic activities jumped to 15-year high as covid restrictions are loosened; US’s factory activity also climbed to a record high in June. 👏

economy

Probably it’s running too hot

The Federal Reserve gave us a surprise after its meeting. Its officials signaled interest rates will rise sooner and faster than previously expected – a turning point in its messages conveyed to global markets.

economy

Test the waters?

Is the Federal Reserve’s rate hikes scary for investors? Treasury Secretary, also the former US Fed chairman, Janet Yellen is trying to make it less “scary” – saying that it could be a “plus”.

economy

The Most Important Policy Document

Right before the start of your holiday, will you be too excited to focus on other things? White House chose the release time “smartly” based on this:

Before a three-day weekend, it released what is arguably the most important policy document of the year for US at the start of a congressional recess, when it is likely to receive little attention. In this doc, Biden unveiled a budget that would increase federal spending to USD 6 tln in the coming fiscal year – levels not seen since World War II.

economy

Recovery Is Chugging

Remember when you anxiously wait for the release of your semester grades? Investors had been doing the same thing – waiting for the release of US’s economic transcript. Fortunately, the result turned out pretty good overnight.

economy

How’s It Going?

Inflation and employment have been the stars of the recent shows. ✨ US just released its latest jobless claims data – falling to a new pandemic low, as business restrictions were lifted and more people are vaccinated and returned to work.