965 results

Mar 26, 2021

The Suez canal ship is not the only thing clogging global trade

On 23 March 2021, a 400-metre-long container ship ran aground in the Suez Canal in Egypt. We calculate that day week of immobilization could cost global trade USD6bn-10bn. The problem is that the Suez Canal blockage is the straw that breaks global trade’s back.

Mar 23, 2021

The Hotel California effect – How the European hospitality sector is looking for people who stay

The Covid-19 pandemic cost the European accommodation industry EUR115bn in lost turnover in 2020 following stringent restrictions on leisure and business travel.

Mar 22, 2021

China´s policy mix: "Proactive" and "prudent" in name, tightening in practice

With policymakers’ focus coming back to financial stability, Chinese stimulus will not be saving the global economy this time round. But expect monetary tightening through liquidity and regulation, rather than policy rate hikes, in 2021.

Mar 17, 2021

Show me the money: Debunking a couple of myths about excess liquidity

The reflation trade that has engulfed capital markets is largely based on the idea that a lot of money has been, is and will be created in response to the Covid-19 pandemic.

Mar 15, 2021

The irony of Biden´s super stimulus: USD360bn for exporters around the world

The USD1.9tn stimulus in the US will lead to an additional rise in imports of goods and services of USD360bn over 2021-2022.

Mar 11, 2021

Commodities: Higher demand, supply bottlenecks, but no speculation (yet)

With oil leading the recent surge, some commodities are at multi-year record highs, in line with anticipated pent-up demand.

965 results