Page 50 - Stephen Roach News Today

Will Pent-Up Consumer Demand Really Supercharge the Economy? Uh-uh, Economist Warns Stephen Roach: A lot of consumer spending already has occurred and the federal aid package will be just a temporary boost. Listening to perma-bears is never a pleasant experience. Especially when the stock market is once more heading aloft on the wings of optimism about a vibrant post-virus economy. But economist Stephen Roach always is worth listening to. Roach warns that investors are foolish to believe the s...

Course set to seek higher-quality development By Andrew Mooday | China Daily | Updated: 2021-03-11 06:44 Share CLOSE (from left to right)Louis Kuijs, head of Asia at Oxford Economics; George Magnus, research associate at the Oxford University China Centre; Douglas McWilliams, executive deputy chairman and founder of the Centre for Economics and Business Research and Zhu Ning, a professor of finance at the Shanghai Advanced Institute o...

US economist Stephen Roach recently pointed out that last year, the combined COVID-19 relief packages in the US hit a total of $5 trillion, or 24 percent of GDP in 2020. This far exceeds all records. On March 6, US Senate passed President Joe Biden’s $1.9 trillion COVID-19 relief bill. Will this destroy the world’s confidence in the dollar? After all, green note is the foundation of US hegemony.

Haunted by 2008, China and U.S. diverge on stimulus plans Christopher Anstey, Enda Curran and Rich Miller, Bloomberg News Yuan Is Long-Term Appreciation Story: AllianceBernstein VIDEO SIGN OUT The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock. One of the takeaways from the annual National People’s Congress under way in Beijing is a conservative g...

Why now might be a good time to buy gold and gold juniors :: The Market Oracle ::

● Emerging market debt looks like an attractive asset class at present ● There is concern about the possibility of another ‘taper tantrum’ in emerging markets ● Central banks, however, are keen to avoid their previous mistakes The process has been welcomed by investors who are desperate for any kind of return in times when investment-grade bonds in developing markets deliver pitiful, sometimes negative returns. This appetite was highlighted by the Institute of International Finance (I...

On the eve of President Joe Biden's inauguration, the Hong Kong stock market soared as Chinese money poured ...

The greenback has plummeted during the pandemic and there are predictions of further declines. It’s a disturbing prospect for the Reserve Bank.

FILE - In this Sept. 28, 2020 file photo, a view of the TikTok app logo, in Tokyo. Popular short-video Chinese app TikTok is cutting its workforce in India after with hundreds of millions of its users dropped it to comply with a government ban on dozens of Chinese apps amid a military standoff between the two countries.—AP The big money guns of big tech Technology companies are bracing for a new administration and new scrutiny of their businesses with a time-tested strategy: opening their poc...

Michelle Roach would be an ideal motivational speaker for any high school in the country. She’s both a pioneer and a role model for aspiring young women in the fields of sports, education, and business. Roach is an assistant vice president at Brown Brothers Harriman and Company in Boston. She is also the head coach of the Peabody High School girls’ hockey team. St. Mary’s hockey captain Michelle Roach (far left) at the Catholic Central League all- star game in 2003 with Jannie Pattern and...