Economic reports and surveys for major economies released during January show a blip in Q4 2020 in the “V-shaped” recovery evident in Q3. The source of the blip was the resurgence of covid-19 infections in the northern hemisphere winter and renewed infection...
Official and market Australian economic growth forecasts underestimated the speed and power of recovery through the second half of 2020 and remain at risk of overestimating how long it will take for the economy to recover to its pre-covid-19 growth trajectory. The...
An old English saying relating to March, the first month of spring in the northern hemisphere, is “in like a lion and out like a lamb.” Early spring is often stormy, wintery, and bleak in England but gives way miraculously to new growth in the countryside and often...