Sunday, June 4, 2023

Global Economic Monitor 230605

(Introduction)

[Markets]
※   Wall Street stocks gain
※   Benchmark 10-year yields higher
※   U.S. dollar rises
※   Oil price adds 2%, safe-haven gold falls


[Indicators]
※   Employers added 339,000 jobs last month; unemployment rate rose to 3.7%


[World]
※   Riyadh and some other producers also extend earlier voluntary curbs
※   Chinese defense minister casts the U.S. as a hegemonic power in a speech at a Singapore security conference


[Korea]


[Opinions]
•   Project Syndicate(Antara Haldar): Revisiting the Behavioral Revolution in Economics
•   WSJ(Editorial Board): The Global Economic Growth Deficit
•   WSJ(Holman W. Jenkins, Jr.): Car Shopping Ain’t Broke, So the FTC Will Fix It
•   WSJ(Lawrence B. Lindsey): The Costs of Political Regulating
•   WSJ(Allysia Finley): The Other Green-Energy Grid Crisis
•   NYT(Paul Krugman): The Case of the Disappearing Debt Disaster
•   Bloomberg(John Authers): ECB Blows Out 25 Candles. 5% Inflation Is Harder
•   Bloomberg(Matthew Yglesias): The Debt-Limit Crisis Is Over. Now On to the Debt Crisis.
•   한경(주용석): 추경이란 이름의 '돈풀기병(病)'

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