Summary:
Most important, after a 40-year period in which capital has won out decisively over labor, there is much likelihood that global economic policy is to shift back in a much less business-friendly direction. Not only will that weigh on economic growth, but it’s also likely to push inflation higher. And that’s something markets are not currently prepared for. FinenewsDarren Williams: «How Populism Affects Our Business» Darren Williams | Global Economic Research Group for Fixed Income
Topics:
Mike Norman considers the following as important: capital share, growth, inequality, inflation, labor share, MMT, Political Economy
This could be interesting, too:
Most important, after a 40-year period in which capital has won out decisively over labor, there is much likelihood that global economic policy is to shift back in a much less business-friendly direction. Not only will that weigh on economic growth, but it’s also likely to push inflation higher. And that’s something markets are not currently prepared for. FinenewsDarren Williams: «How Populism Affects Our Business» Darren Williams | Global Economic Research Group for Fixed Income
Topics:
Mike Norman considers the following as important: capital share, growth, inequality, inflation, labor share, MMT, Political Economy
This could be interesting, too:
Mike Norman writes Jared Bernstein, total idiot. You have to see this to believe it.
Nick Falvo writes Women’s homelessness
NewDealdemocrat writes Another strong personal income and spending report, but beware the uptick in inflation
Matias Vernengo writes The Argentina of Javier Milei
Most important, after a 40-year period in which capital has won out decisively over labor, there is much likelihood that global economic policy is to shift back in a much less business-friendly direction. Not only will that weigh on economic growth, but it’s also likely to push inflation higher. And that’s something markets are not currently prepared for.Finenews
Darren Williams: «How Populism Affects Our Business»
Darren Williams | Global Economic Research Group for Fixed Income