Simon Kennedy

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Summers Sees Just a 15% Chance Of U.S. Economy Working Out Well

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The former Treasury Secretary has become quite bearish due to outlooks on inflation and growth.

Fed Confronts Economy With Most Widespread Shortages Since 1970s

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The central bank's dilemma is whether the supply squeeze represents a great inflationary threat.

Goldman's Hatzius Sees Peers Aligning On Global Growth Forecast

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Analyst optimism may be spreading, according to Goldman Sachs.

Summers Says U.S. Inflation Rising Faster Than Even He Predicted

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He noted that the gauge excluding food and energy prices was running faster than the headline measure.

Wall Street Sees World Economy Surging In 2021 From Rocky Start

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After a bumpy 2020, could 2021 be a banner year for investors?

Harvard's Reinhart And Rogoff Say This Time Really Is Different

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The professors' 2009 book showed that financial crises often follow similar patterns.

Goldman Economists Now See Global Contraction, Fed Cuts

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Goldman Sachs economists now expect the coronavirus to inflict a “short-lived global contraction” on the world economy.

World Economy Faces Worst Year Since ’09 As Virus Hopes Fade

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The world economy may be heading for its worst performance since the financial crisis more than a decade ago.

Bank Of America Says World Economy Weakest Since 2009

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Global growth will slip to 2.8% this year rather than the 3.1% previously predicted, bank economists said.

Middle Age Misery Peaks At Age of 47.2, Economist Says

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Every country has a “happiness curve,” and the late-40s represent a low point for many people.

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