The UK economy still hasn’t recovered from the pandemic. Now it’s on the ropes again – CNN
There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the second quarter of the...
Author : Nelli Avetisyan
Economists now accept exchange-rate intervention can work – The Economist
Milton friedman, a Nobel-prizewinning economist, was an early fan of floating currencies. The case for flexible exchange rates, he once pointed out, is the same...
Inflation Keeps the U.S. From Stepping In to Slow Dollar’s Rapid Rise – WSJ
U.S. policy makers aren’t likely to take action to slow the dollar’s rapid rise despite rising risks of global financial turmoil, analysts say, largely because...
Credit Suisse reassures investors over bank’s financial strength – The Financial Times
Senior Credit Suisse executives spent the weekend reassuring large clients, counterparties and investors about the Swiss bank’s liquidity and capital position in response to concerns...
Tesla robot slowly walks on stage at AI Day – CNN
Tesla revealed on Friday a prototype of a humanoid robot that it says could be a future product for the automaker. The robot, dubbed Optimus...
The US Inflation Bonanza for Sovereign Debtors
As developing countries confront a new era of elevated inflation, rising interest rates, a stronger dollar, and capital outflows, some governments stand to benefit from...
Currency markets are about to learn a lesson in defying economic gravity
This spring, just after Russia’s invasion of Ukraine, Washington’s Institute of International Finance made a bold and idiosyncratic prediction: the euro was about to weaken...
PODCAST: These Bear-Market Stock Strategies Aren’t Working This Time Around
So-called “quality” stocks, or profitable companies whose shares typically weather market downturns, haven’t performed as reliably this year as in past bear markets. WSJ’s “Intelligent...
UK Economy Averts Immediate Recession With 0.2% Expansion – Bloomberg
The UK government has been spared the prospect of a summer recession after a surprise increase in second quarter GDP. The 0.2% growth in the...
Why the ghost of 2008 still haunts us in 2022 – CNN
All week, there have events in the news that have come in under of the banner of “this hasn’t happened since 2007/2008.” Yields on the...