recession

COVID-19: lockdowns, recession and… a new stock market bubble?

2020 has been a year marked by the outbreak of COVID-19, lockdowns and a deep recession in the world’s economy. Yet, after a first pandemic-driven low in March 2020 the Nasdaq had risen 100% towards the end of January 2021 and, along with the S&P 500 and the Dow [...]

Global Spectator, by Andrés Ortega Still emerging, but not so much

They are performing better than we Europeans, but not as well as before. The growth of the emerging economies is slowing down. Are we at the end of the Great Convergence, as Dani Rodrik suggested some months ago, or is this just a slowdown, as Martin Wolf saw it, [...]

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