Has the dramatic tightening of monetary policy across world raised the risk of recession? That is the key question many investors are facing. In this Macro Flash Note, EFG Chief Economist Stefan Gerlach looks at the information contained in the OECD’s l
The South Pole Travels of Stability It is not quite Benidorm yet, but Antarctica has become an increasingly popular destination for the more adventurous tourist. In this year’s southern hemisphere summer season, running from November to March, as many as 39, 000 visitors are expected to make ...
1.deflation 通货紧缩 例:Deflation is a general decline in prices for goods and services. 通货紧缩是指商品和服务价格的普遍下降。 2.economic recession 经济衰退 例:The world could be heading for an economic recession. 世界也许正在走向经济衰退。 3.financial crisis 金融危机 例:Since the 2008 financi...
Is the Global Economy Heading for a Recession?
Governments are rushing to try to help the most vulnerable. Amid the nervous confusion, there is broad agreement on one thing: a recession is coming. 欧洲的通胀冲击与经济衰退同时发生 2022 年 8 月 31 日 编者按(2022 年 9 月 2 日):9 月 2 日,俄罗斯天然气工业股份公司表示,其 Nord ...
World Business Is The US Really Heading For Recession? August 6th, 2024 | 00:26 AM | 183 views UNITED STATES Over the past few days, global stock markets have been plummeting. Trading screens across the US, Asia and, to a certain extent, Europe are awash with blinking red numbers ...
Defining a global recession is no easy task. For individual countries, some economists define a “technical recession” as two consecutive quarters of contraction in gross domestic product. The Financial Times prefers a more flexibledefinitionas does the US, where the National Bureau of Economic Rese...
A recession is a significant and prolonged downturn in economy activity. Some define a recession as two consecutive quarters of declining Gross Domestic Product (GDP) growth. However, more complex formulas are often used. The accepted arbiter of a recession, the National Bureau of Economic Research...
The U.S. government has begun to scapegoat other countries for its own policy failures. But it is America's selfish policies and trade war that have caused and perpetuated its inflation. The worst is yet to come. Goldman Sachs suggested that the chances of a U.S. recession in 2023 have...
The media in the United States reports almost daily that the Chinese economy is heading down the wrong road. As one example, The New York Times has noted that the Third Plenary Session of the 20th Communist Party of China Central Committee that concluded