-Europe overcomes its differences. Can the United States? -Weak demand and low commodity prices will stick around for awhile. A protracted battle in France finally paid off for the European Union, which passed a massive stimulus bill and adjusted its 2021-2027 budget to offset the deepest recession in generations. That’s good for a bloc-wide economy … More The Daily Dose; Markets Rally on EU Stimulus
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -The US expansion is over. -We are observing the results of systemic international change. The largest economic expansion in US history is over, according to the International Monetary Fund. The fund issued a … More The United States is Long Past Its Pivotal Moment
-Stimulus meets the surrealism of populism. -First-half optimism is starting to fade. Crude oil prices were in retreat early in the Friday session amid jitters over global economic recovery plans. Risk analysts expect Jenga-like challenges will erupt in emerging markets that may lack the healthcare infrastructure to deal with the pandemic. Elsewhere, the Chinese appetite … More The Daily Dose; Is Stimulus Over?
The GERM Report 