financial crisis

The Nobel prize “confers on an individual an authority which in economics no man ought to possess.”

“If they can’t begin to grow, then that is going to limit the ability to continue to prop up these economies. The question is does that mean there is more pressure for populism?” - Cathy Hepworth, head of emerging market debt at PGIM Fixed Income

Assuming the coronavirus ends up hitting the world’s democracies as hard as many predict, it could deal another staggering blow to the US and the international order it leads.

PARIS (June 29): Contrary to popular opinion, Janet L. Yellen does not see an impending financial crisis from the escalating trade tensions between the US and China, higher current asset valuations and volatility from diverging monetary policies.

(July 3): The Asian nations hit hardest 20 years ago by a crisis that sent currencies and stock markets tumbling, saw governments fall and pushed millions back into poverty, now have some of the strongest buffers in the world.

SINGAPORE (July 3): Two decades ago, several Asian economies were shattered by a series of financial, economic and political crises that set the region back badly.

(June 13): The Trump administration laid out its highly anticipated plan for overhauling bank rules, calling on the government to ease, though not eliminate, many of the strictures that were imposed on Wall Street after the financial crisis.

(May 25): Hong Kong saw its debt rating cut by Moody’s Investors Service hours after China’s downgrade, highlighting potential risks from a tightening economic integration.

SINGAPORE (Nov 24): With Donald Trump headed to the White House, Schroder’s Marcus Brookes now expects his presidential policies to pile on further price pressure, otherwise known as the ‘Trumpflation’ effect.