Recent elections in Hungary and the Netherlands, along with Trump 2.0's flagging support, led some to speculate that world-wide political populism may be peaking. However, these hopes were dashed by the UK local election results in which Reform UK was the big winner, and nationalist parties took control in Scotland, Wales, and Northern Ireland. In … Continue reading Can the United Kingdom Be Fixed?
Tag: boe
Fed Pauses: In Search of a Soft Landing
6 February 2019 During these Winter months, my breakfast typically consists of a big, steaming bowl of porridge! As in the Goldilocks fairy tale, however, getting the recipe right requires some experimentation. Often the same is true of monetary policy decision-making. In search of a soft landing for the US economy -- neither too hot, … Continue reading Fed Pauses: In Search of a Soft Landing
Heading for Global Recession in 2019?
10 January 2019 Happy New Year! I am back at work for the first time since releasing my blog in mid-December. Did I miss anything??!! In a word, it's been crazy! In September, we published our 2019 Global Strategy Outlook entitled "Turning (Even More) Defensive", in which we warned that the year ahead would be … Continue reading Heading for Global Recession in 2019?