Stock market information is displayed on a TV at the Nasdaq MarketSite in New York on Wednesday. Ineffective policies have exacerbated market confusion. Photo: Bloomberg
Stock market information is displayed on a TV at the Nasdaq MarketSite in New York on Wednesday. Ineffective policies have exacerbated market confusion. Photo: Bloomberg
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Recession and inflation fears give way to a crisis of confidence in economic policymaking

  • As major economies continue to grapple with high prices while fending off a slowdown, the effectiveness of central banks and governments is being called into question
  • At the heart of the brutal sell-off in markets is a lack of confidence in global policymaking

Stock market information is displayed on a TV at the Nasdaq MarketSite in New York on Wednesday. Ineffective policies have exacerbated market confusion. Photo: Bloomberg
Stock market information is displayed on a TV at the Nasdaq MarketSite in New York on Wednesday. Ineffective policies have exacerbated market confusion. Photo: Bloomberg
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