Monitors display stock market information at the Nasdaq MarketSite in Times Square, New York, on September 6. The main reason for stocks’ resilience has been policymakers’ determination to loosen monetary policy to prevent this late-cycle economic slowdown from turning into a full-blown recession. Photo: Bloomberg
Patrik Schowitz
Opinion

Opinion

Macroscope by Patrik Schowitz

From the trade war to Brexit and the Hong Kong turmoil, simmering political issues remain a threat to global growth

  • Recent positive developments in some of the major issues weighing on markets, including the US-China trade war and Hong Kong’s protests, offer a welcome respite. But economic fundamentals remain weak and policymakers’ toolboxes are limited

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Monitors display stock market information at the Nasdaq MarketSite in Times Square, New York, on September 6. The main reason for stocks’ resilience has been policymakers’ determination to loosen monetary policy to prevent this late-cycle economic slowdown from turning into a full-blown recession. Photo: Bloomberg
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