Quotes from the news wire:
I began this year warning that the evolution of the pandemic was the key risk facing the global economy, news of Omicron, followed by swift moves by governments to close borders to limit its spread, and the sharply negative market response to these events, are a reminder of this acute economic vulnerability.
Found on CNN 3 years ago
As the virus spreads, there's a good chance that that' worst case' scenario quickly becomes the most likely scenario.
Found on CNN 4 years ago
The outbreak has the potential to cause severe economic and market dislocation. But the scale of the impact will ultimately be determined by how the virus spreads and evolves, which is almost impossible to predict, as well as how governments respond.
Found on CNN 4 years ago
The weakness in the global economy that we anticipate over 2019-20 is due primarily to country-specific factors that we believe will cause each of the world's major economic regions to slow, so while a deal between the Neil Shearing and China on trade would clearly be good news, we won't be rushing to change our forecasts.
Found on CNN 5 years ago
Moves to roll back regulatory changes made in the wake of the global financial crisis, or to loosen the credit spigots more generally, could inadvertently sow the seeds of the next crisis.
Found on CNN 5 years ago
We are getting some dollar weakness after a period of strength following the payrolls (data last week). If retail sales tomorrow are strong, that will cement expectations of a rate hike in September, and I suspect we will see a renewed dollar bounce and sell-off in emerging markets.
Found on Reuters 9 years ago
Certainly, a lot of the panic has subsided in the past month or so, there is growing acknowledgement that the Fed will tread carefully and second, there have been some local positive developments ... the oil price stabilisation has also helped.
Found on Reuters 9 years ago
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