Daily Archives: Jan 21, 2020 at 06:46 am EST

US Business Cycle Risk Report | 21 January 2020

The US economy continues to show signs of stabilizing after last year’s second-half slowdown. In addition, revised projections for the business cycle trend hint at the possibility that growth is rebounding in early 2020. Although an upbeat outlook for this year remains tentative, today’s forward review points to a mildly stronger output for the US in the first quarter.
Continue reading

Macro Briefing | 21 January 2020

China confirms that new virus can spread through human contact: Reuters
China’s coronavirus outbreak prompts flight screenings in Australia: NY Times
U. of Hong Kong: virus has likely spread to 20 cities: SCMP
Trump to speak at World Economic Forum as impeachment trial begins: AP
Hundreds of US-bound migrants cross Mexico’s southern border: BBC
US Treasury Sec. warns UK and Italy re: digital-tax plans: WSJ
Moody’s downgrades Hong Kong’s long-term debt rating due to gov’t ‘inertia’: BBG
Foreign investment by firms around the world fell in 2019 to near-decade low: WSJ
IMF predicts world growth will pick up in 2020: CNBC