Sunday, May 7, 2023

Global Economic Monitor 230508

(Introduction)

[Markets]
※   US jobs growth far better than expected last month
※   Treasury yields up as Fed rate cut views fade for July
※   Dollar flat, oil bounces, Apple boosts stock indexes


[Indicators]
※   Employers added 253,000 jobs last month and unemployment fell to 3.4%
•   Germany Mar. Factory orders: German Factory Orders Plummet, Raising Risk of Recession
•   UK Apr. Construction PMI: UK construction activity gathers pace in April
•   China Apr. Foreign reserves: China forex reserves rise to $3.205 trillion in April


[World]
※   Officials aim to boost preparedness as the dangers of the coronavirus subside
※   Janet Yellen has warned that the U.S. may run out of money to pay bills as soon as June 1


[Korea]
•   환노위(이주환): 노조 정부보조금 1년만에 35억→8억


[Opinions]
•   Project Syndicate(Dani Rodrik): Washington’s New Narrative for the Global Economy
•   Project Syndicate(Koichi Hamada): Japan’s Giant of Central Banking
•   Project Syndicate(Michael Spence,): In Defense of Industrial Policy
•   Project Syndicate(Federico Fubini, Alexandra Prokopenko): How Russia Survives
•   WSJ(Editorial Board): Biden’s Big Bank Contradiction
•   WSJ(Editorial Board): Lina Khan Has a Meta Fixation
•   NYT(Paul Krugman): Doing Whatever It Takes on Debt
•   NYT(Laurence H. Tribe): Why I Changed My Mind on the Debt Limit
•   WP(Catherine Rampell): What the heck is going on in the U.S. economy?
•   FT(Ruchir Sharma): An economic miracle in India
•   한경(조재길): 예금보장 한도 높일 때 됐다
•   이데일리(조규홍): 간호법안, 과연 최적의 대안인가?

No comments:

Post a Comment