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(1) Slower Recovery Not Yet Fully Priced In (3 min read)
Unusually strong productivity growth should mean the 6.5% consensus forecast for US GDP growth this year is achievable, writes Dominique Dwor-Frecaut. But with several factors weighing on demand, a slower recovery may actually be more likely, with implications for bonds and equities.
(Dominique Dwor-Frecaut│10th June, 2021)
The Benefits of Setting a Lower Limit on Corporate Taxation (IMF Blog, 4 min read)
The Real Effects of Zombie Lending in Europe (Bank Underground, 6 min read)
The Return of the Finance Threat? (Project Syndicate, 3 min read)
Hawks, doves and green swans (OMFIF, 4 min read)