Goods are delivered as people shop in the King of Prussia mall in Pennsylvania. US economic data is looking brighter, and positive noises are being made on the trade front. Photo: Reuters
Opinion
Opinion
Macroscope
As recession fears recede in the US, the golden days might be over for government bond markets
- With US economic data suddenly looking brighter and positive noises being made in the trade war, risk reversals could be round the corner. After years as sanctuaries for investors, government bonds may finally lose their mojo in 2020
Goods are delivered as people shop in the King of Prussia mall in Pennsylvania. US economic data is looking brighter, and positive noises are being made on the trade front. Photo: Reuters
Cars from German auto giant Audi are on display at an auto show in Shanghai in April 2019. A driver of Europe’s economic slowdown is the collapse in demand for cars in China. Photo: Reuters
Opinion
Opinion
Inside Out
The world economy is headed for a recession. China won’t be there to save it this time
- China’s economic health is important to the world not just because of its importance as a buyer and supplier, but also because of anxieties that it is less well placed to provide the massive stimulus it did after the 2008 financial crash
Cars from German auto giant Audi are on display at an auto show in Shanghai in April 2019. A driver of Europe’s economic slowdown is the collapse in demand for cars in China. Photo: Reuters