The global economy expanded solidly in the second quarter of 2023, but without much momentum. I expect Europe – especially Germany and the United Kingdom – to experience a recession in the winter half-year.
Tag Archives: fiscal stimulus
U.S. Economy: robust so far, but cooling ahead
The economic engine is now likely to stutter somewhat.
U.S. Economy: Still solid for the moment, but the slowdown will come
The economic engine is now likely to stutter somewhat.
Economy in the euro area sputters
The economy in the euro area is stagnating. Gross domestic product fell slightly in the winter half-year, by 0.1 percent in both the final quarter of 2022 and the first quarter of 2023. Private consumption in particular is weakening.
Debt dispute over, but: the US economy will cease to be a global economic engine for now
The US politicians have once again made things exciting.
U.S. Economy: Banking crisis will lead to contraction of the economy
The U.S. economy is in turmoil and exposed to high risks. The banking stress, the debate about raising the debt ceiling, higher interest rates, geopolitical tensions, and the weakening global economy are likely to lead to a recession this year.
Global economy faces sluggish recovery
The global economy will recover only sluggishly this year with growth of 2.8 percent and next year of 3.4 percent, especially as no tailwind is expected from monetary and fiscal policy.
U.S. economy: Gradual cooling of the economy with elevated stress in the financial system
I am still rather pessimistic regarding the coming quarters for the U.S. economy. A recession is increasingly likely.
U.S. economy: recession not yet here, but increasingly likely
The economic situation remains very uncertain. It is rightly pointed out, for example, that the labor market is still robust. But the first dark clouds are already gathering on the horizon, even for the labor market.
U.S. economy: Recession likely despite robust labor market
Recession, yes or no. That has been the big question for several months now.