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As society necessarily repositions itself in order to limit the spread of the novel coronavirus (COVID-19), economic analysts are forecasting that the American economy has already entered into a near-term recession. Researchers at the University of California, Los Angeles Anderson School of... View full entry
Treasuries now make up more than half of the world’s haven assets, double the share they accounted for during the global financial crisis, according to Eurizon SLJ Capital. That complicates matters when the spread between long- and short-term yields inverts: what used to be a reliable American recession indicator is instead an barometer of investors diving for cover worldwide. — Yahoo! Finance
One of the top three recession indicators economists look at to gauge the health of the American economy—the relationship between the various return rates on United States Treasury Bonds—is becoming less a useful metric for those analysts due to the influence of global economic trends... View full entry
From the air, where those Iowa cornstalks don’t conceal the pattern of blind convergence, the world economic situation looks distinctly like a crash waiting to happen. From three directions, the United States, the European Union, and China are blindly speeding toward the same intersection. The question is: Will anyone survive to attend the prom? — huffington post
From City of Quartz and teaching architecture students how to write, Mike Davis is now looking beyond Southern California. View full entry