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
David Brown
Opinion

Opinion

Macroscope by David Brown

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

TOP PICKS

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
READ FULL ARTICLE
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
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

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

TOP PICKS

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
READ FULL ARTICLE