More evidence of rapidly growing global GDP showed in April. China, the first major economy to report Q1 GDP, showed annual growth accelerating to 18.3% y-o-y from 6.5% in Q4 2020. The US will report Q1 GDP later this week and the partial indicators released to date...
While 2020 and much of 2021 will go down in history as the period of the Covid-19 pandemic that challenged modern economies to their core, 2021 and 2022 are also shaping up to be remembered differently, as the years of the Great Boom. Even as global Covid-19 infection...
A powerful economic recovery driven by the greatest government spending spree since World War II and working in tandem with monetary stimulus means inflation is coming. Three decades of disinflation where every cyclical peak in inflation has been lower than the...