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Monthly Archives: August 2020
DiMartino Booth on a ‘generation of painful liquidations’
Thinking people know that present financial conditions are a train wreck in motion and controlling our own behaviour is the most valuable risk management available. An excellent essay from former Fed-insider, now independent analyst, Danielle DiMartino Booth, is a helpful … Continue reading
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Roach: America’s coming double dip
Economist Stephen Roach’s latest piece in Project Syndicate is worth reading, see America’s coming double-dip. The fallout will not be contained in America. Here’s a taste: The daunting history of the US business cycle warns against complacency. Double dips – … Continue reading
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Compounding costs from COVID likely to weigh for years
Studies show past major pandemics led to higher wages for survivors. However, fatalities from COVID-19 have, so far, been highest among the elderly, so it’s unclear what impact that may have on the labour force. On the other hand, new … Continue reading
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