While risk assets are being carried by the tailwinds of strengthening global trade prospects, a policy-led weakening of the US dollar, and vaccine...
Why today’s inflation spike isn’t likely to last
Posted by Tamara Basic Vasiljev on Feb 26, 2021
Inflation is picking up across advanced economies (AEs) and emerging markets (EMs), but the data suggests this will again prove temporary. We see...
Eurozone: A rebound in Mediterranean tourism is likely, not assured
Posted by Maddalena Martini on Feb 26, 2021
Mediterranean countries suffered some of the largest GDP losses experienced in the eurozone last year, due in part to the collapse in tourism. In...
United Kingdom: Covid plus Brexit put the brakes on long-term growth
Posted by Andrew Goodwin on Feb 26, 2021
The combined impact of Brexit and the coronavirus pandemic means we now expect UK growth to average just 1.2% a year in the 2020s. The damage from...
US Recovery Tracker builds impressive momentum
Posted by Gregory Daco on Feb 25, 2021
Our US Recovery Tracker rose 1.2ppts to 81.9 in the week ended Feb. 12 – its highest level since October. Improving health dynamics remained...
US - Texas’ deep freeze won’t chill the national economy
Posted by Oren Klachkin on Feb 25, 2021
Infrastructure outages from the mid-February winter storm caused massive disruptions to life in Texas, but damage to the US economy won’t be...
IIoT cybersecurity for travel companies
Posted by Macroeconomic Consulting & Thought Leadership on Feb 25, 2021
In cooperation with IBM's Institute for Business Value, we surveyed 300 IT and OT leaders responsible for the security of their organizations’...
The Problem with ‘Overtourism’
Posted by David Goodger on Feb 24, 2021
Concerns about ‘overtourism’ have grown in recent years, especially in European destinations. There is no widely accepted definition of...
Eurozone: Why January’s inflation jump won’t scare the ECB
Posted by Oliver Rakau on Feb 23, 2021
With January’s detailed inflation report showing that transitory factors causedmuch of the month’s surprisingly large rise, a partial retracement...
Roadmap out of lockdown underscores positive UK story
Posted by Martin Beck on Feb 23, 2021
The government’s roadmap for exiting lockdown takes a gradual approach to relaxing restrictions. Combined with other factors, including the rapid...