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In 2020 “on the books” budgeted stimulus in Germany is larger than in China. BUT as @laurimyllyvirta has pointed out,

October 23, 2020

In 2020 “on the books” budgeted stimulus in Germany is larger than in China. BUT as @laurimyllyvirta has pointed out, where are policy banks? State-owned commercial banks are key in China. @IMFNews Fiscal folks need to talk to Financial stability side!
imf.org/en/Publication… https://t.co/psWS2bYPLQ

By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys

June 28, 2022

By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from

Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in

June 28, 2022

Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in the US in 2023. thedailyshot.com/2022/06/28/bus…

Oil demand in 2021, though higher than in 2020 and helping to drive the price surge, was still considerably below

June 28, 2022

Oil demand in 2021, though higher than in 2020 and helping to drive the price surge, was still considerably below pre COVID trend at the