Does China face a lost decade?
“Ever since the Chinese housing bubble burst,” said Richard Koo of the Nomura Research Institute in a recent talk, “I’ve been getting tonnes of calls from Chinese journalists, economists, investors and sometimes policymakers asking me, ‘Are we going the way of Japan?’” Mr Koo is a good person to ask: he has devoted his career […]
Cable News Likely to “Disappear” Within a Decade (and That’s OK)
For more than a quarter-century, we’ve been hearing predictions about the demise of cable—and with it, cable news. A Pew Research article from 2000 showed the trends began more than 30 years ago, when consumption of broadcast and local news began to decline, and users began to get more news (and entertainment) online. These trends […]
UK house prices suffer biggest fall in more than a decade as higher interest rates bite
UK house prices registered the largest decline in more than a decade last month as higher interest rates and the wider cost of living crisis hit demand, according to a closely watched survey. Property prices fell 1.1 per cent in February compared with the same month last year, the biggest drop since November 2012, and […]
U.S. inflation is ‘far stickier’ and could last a decade
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management. Wall Street is gearing up for key inflation data later Tuesday, when the Labor Department releases its January consumer price index. It is a widely followed inflation gauge that measures the cost […]
Global economy is heading into a decade of low growth, economist says
The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion. Economies around the world have been grappling with a multitude of shocks — from Russia’s invasion of Ukraine to China’s persistent zero-Covid measures — that have sent inflation soaring and weakened activity. The International […]
