What will happen to the recovery now that you are easing restrictions anti-epidemic? How strong will it be the restart of consumption and to which sectors will it go? Will the virus remain as a sword of Damocles on the economic fate of humanity which, amid climate change, aging and new armies of the poor, appear less magnificent and progressive than they once were? A microchip, the size of a twenty-thousandth of a human hair, will slow down the economy and for how long? And the recovery will be enough to give bread back to the hungry, i.e. a fight poverty enormously increased? By dint of fearing and expecting inflation, will it materialize? Driven by the continuous and strong rise in the prices of raw material? And if it does materialize, will it be durable or temporary? It will push up interest rates? Putting an end to the long and bubbly run of the Stock Exchanges? Or, instead, the corporate profits will they continue to surprise upwards, justifying even more dizzying prices? How they go and will go exchange rates?
These are some of the questions to which The hands of the economy of May give an answer. The hands are the historic monthly column (a quarter of a century old) of analysis of the economic and financial situation, edited by Fabrizio Galimberti and Luca Paolazzi. The hands are made up of four articles: the general summary, the analysis of the real economy, the trend of inflation and the money, currency and financial markets. From tomorrow only on FIRSTonline the new edition of the Lancette.
