The rude health of U.S. household and corporate balance sheets is partially responsible for the exceptional resilience of the ...
Investors cheered Donald Trump’s election victory in November, but his tariffs have cooled that enthusiasm in recent weeks.
Overall, foreigners have sharply increased their holdings of U.S. financial assets. Foreign investors now hold nearly $5.6 trillion in U.S. government securities (see Chart 3), up from $1 trillion in ...
The current financial crisis is ferocious, but history shows the way to avoid ... as those suffered by some individual countries during deep crises in the past (see Chart 1). Another measure is the ...
Looking back to history, we find that the reduction in earnings that analysts expected for 2020 is much larger than the earnings’ reduction they expected early in 2009, during the global financial ...