A decades-low ebb in the global economic cycle could bring a hard landing to the US economy while destabilising the US dollar’s position and sending the EU into another debt crisis, according to a prominent Chinese economist. Source linkRead More »
Don’t expect any Ukraine truce to inspire a stock market ‘relief rally’
The belief in stock markets that a “relief rally” will be justified once the Ukraine conflict eases is as shortsighted as the repeated call to “buy the dip”. The days of easy money to bolster markets are over, and so are those of booming trade and investment that buoyed growth.The …Read More »
What are the biggest risks faced by Asia-Pacific economies amid Ukraine war?
Just a month ago, economists were optimistic about the Asia-Pacific region, predicting that its economic recovery was poised to continue on an upwards trajectory this year.The region took the Omicron outbreak in its stride, with most economies learning to live with Covid-19 and opening up their borders.There were still lingering …Read More »
Russia’s Ukraine invasion is a ‘Lehman moment’ for global economy
Financial markets can be forgiven for downplaying geopolitical risks. One loses count of the number of international crises and military flare-ups that have only had a fleeting impact on asset prices. Investors are poorly equipped to assess and price geopolitical threats, and they have long made light of them on …Read More »