15 October 2023 Once admired as Europe's growth engine, Germany is now being identified as the region's "sick economy". Indeed, Germany's post-Covid recovery has lagged far behind the world's other advanced countries (Chart below). And, the nation's underperformance pre-dates the pandemic. What lies behind Germany's growth malaise, and can Europe's "Sick Man" be cured? To [...]
28 May 2023 The IMF's recently released global forecast highlights that Asia will be the only region to experience stronger economic growth this year relative to 2022. Likewise, the Asian economy will outperform all other regions both this year and in 2024 (Chart above). Indeed, the following Chart indicates that Asia will account for over [...]
24 February 2023 The end of China's lockdown, signs global inflation is peaking, and the slower pace of US interest rate hikes have led investors to embrace the prospect of an economic "soft landing". Financial market optimism has been particularly evident in Europe. Indeed, collapsing natural gas prices have led to a 10% rally in [...]
22 January 2023 In addition, China's shrinking population will continue to shape both the nation's long-term economic strategy, and the government's short-term policy focus. In particular, with inflation low, monetary and fiscal policy will need to remain stimulative. However, government spending priorities will need to be altered dramatically. This shift will not only support China's [...]