Periodically, fears return about holding up of the American economy, if not worldwide. Are they well-founded this time? Does Bertoldi's saying that good weather follows bad (and vice versa, of course) hold true? Or are these fears the reflection of other trends that induce other fears, for example Bags who had run a lot, perhaps too much? What elements make us think that there will not be a US recession? And what signs of fragility are there and where are they concentrated? Why is the Germany has become the sick man of Europe again? What drives consumer demand? China is it really that bad?inflation is now tamed the prelude to a new phase of deflation? market rates have fallen, especially in America, as a bet on the fall in key rates, which Central Banks have started to reduce: how far will they go? Geopolitical tensions are the stone guest: will they ease? The dollar has weakened: will it reverse course? And how will the stock market behave?
These and other questions are answered in the September 2024 Economic Lancets. The monthly economic analysis column, with a careful eye on structural changes, is edited by Fabrizio Galimberti and Luca Paolazzi, was born over a third of a century ago and continues to boast various attempts at imitation. It is published on FIRSTonline. The last edition is coming tomorrow. Happy reading.
