We stick with COVID for our Deep Dive this week and look at the lesson from war mobilization in the fight against pandemics. The framework provides a way to consider justification for large-scale stimulus and the conditions most likely to generate stagflation.
For our COVID tracker today we update our quadrant chart where in DM Greece has joined Finland, Sweden and Canada in the peak wave quadrant. Nigeria, Russia and Pakistan are in the peak quadrant for EM.
This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.
(total reading time: 2 mins)
We stick with COVID for our Deep Dive this week and look at the lesson from war mobilization in the fight against pandemics. The framework provides a way to consider justification for large-scale stimulus and the conditions most likely to generate stagflation.
For our COVID tracker today we update our quadrant chart where in DM Greece has joined Finland, Sweden and Canada in the peak wave quadrant. Nigeria, Russia and Pakistan are in the peak quadrant for EM.
Enjoy!
Bilal
Using Lessons From War Mobilisation To Fight COVID (4 min read) As the fight against COVID-19 continues, we ask: what lessons from war mobilisation can be employed to fight pandemics? Looking at this working paper from the Global Institute for Sustainable Prosperity, we consider the justification of large-scale fiscal stimulus to maintain the productive capacity of the economy. What the paper also demonstrates is that the longer the economy stays in lockdown, the higher the likelihood of stagflation returning…
(Mehdi Farooq │ 22nd April, 2020)
Global COVID-19 Tracker In the DM world, Greece and the US saw 5%+ jumps in daily cases. Finland saw a 40%+ jump in deaths (nursing home related) while Sweden, Canada, NZ and Japan saw 7%-12% jumps in deaths. Most other countries are seeing much smaller increases in both measures…
(Bilal Hafeez │ 22nd April, 2020)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)