Start with markets. America’s Treasuries are a haven in uncertain times. In March investors sold them off as they took fright at rising inflation, pushing the ten-year Treasury yield up to 1.7%. But it has slowly slipped back since, as doubts about the continued strength of the economic recovery have taken hold. The growth scare seemed to intensify on July 19th, when the ten-year yield dipped to 1.19%. The500, America’s main stock index, fell by 1.6%, with smaller companies hit hardest.
High-frequency data present a similarly muddled picture. Global mobility measures are still edging up, according to a recent report by JPMorgan Chase, a bank, suggesting continued growth in. Yet Britain, the first big, rich country to be hit hard by the Delta variant, is telling a different story. Our “economic-activity index” for the country, using Google data on visits to workplaces, transit stations and sites of retail and recreation, has dropped by about 5% since peaking in June .
+17K Tigrayans who were serving in the military, peacekeeping, police, & intelligence were unlawfully disarmed, dismissed, arrested, are now sentenced to death or life imprisonment in ETH. Protect the peacekeepers. StopExecutingTigrayans TigrayGenocide
NavroopBal_ Tough,tough ,in uk covid plus brexit plus no major plans or exit strategy
As long as the overiding issues Peak Oil and Global Warming are not tolerably resolved, the USA & World will face low economic growth and political backslash. A boat made to seat 100 people cannot travel fast with 150-Until RN energy is here, material demand-supply must minimize
The fate of the economic recovery lies soley with Carrie Johnson and her unelected whims now
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