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Rob Carnell proslijedio/la je Tweet
As Thailand cuts rates, we've added one more 25 basis point rate cut to our forecast this year, as the spread of the coronavirus depresses growth outlook, most likely via tourism.https://think.ing.com/articles/bank-of-thailand-cuts-rates-again-as-economic-risks-from-virus-rise/ …
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I've updated these
#nCoV2019 charts and sorted out the axis labels. Data are all from WHO. There are more timely (and therefore higher) figures available, but for comparison purposes, this seems better. NB the levelling of non-China cases...worth watching. Saddle point or peak?pic.twitter.com/z2joBfbyyB
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Here are 3 charts I cobbled together looking at
#nCoV19 and the#SARSvirus. At the same time after the initial outbreak, nCov has claimed as many lives as SARS and has infected about 3 times more people. nCov infections are still accelerating. Watch out non-Asia...pic.twitter.com/SIISyqXLf2
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Rob Carnell proslijedio/la je Tweet
Thailand’s activity data points to further dip in growth in 4Q19, while the hit to tourism from the coronavirus is clouding the outlook for 2020. The conditions are ripe for more BoT rate cuts and there could be one as early as next week.https://think.ing.com/articles/thailand-conditions-are-ripe-for-more-bank-of-thailand-easing/ …
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Rob Carnell proslijedio/la je Tweet
Unpopular opinion: Prevent a recession at all cost & be stuck in a low growth, excessive debt regime forever. Recessions are part of the natural business cycle, they weed out the excess, wring out inefficiencies & zombie companies & set the foundation for new innovation & growth.
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Why I'm finding something positive to say about Wuhan flu, and why I don't think a market crash is around the corner.https://think.ing.com/opinions/bit-sniffly/ …
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So far, the Wuhan flu story is being treated as if it were an interesting aside - I suspect this may become a top headline in the coming days and weekshttps://think.ing.com/opinions/flu-season-goes-viral/ …
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Good read on India from Prakash Sakpalhttps://twitter.com/ING_Economics/status/1218334188904112129 …
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So, I was having a go at “Conversation” with my 13 year old and asked him, “If you could only eat one type of cuisine for the rest of your life, what would it be?”. I was hoping for a reply like Italian or Indian to show his cosmopolitan upbringing. He replied “BirdsEye”.pic.twitter.com/HJnwhEU61H
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Rob Carnell proslijedio/la je Tweet
Some Asian economies are not only growing quickly, but their growth seems extremely stable. In contrast, many developed economies are not only growing slowly, but the growth is more volatile.
@RobCarnell1 investigates.https://think.ing.com/articles/suspicious-stability-in-gdp/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Rob Carnell proslijedio/la je Tweet
A big Johnson win, Brexit is now 'easier', the pound jumped +2% and this is what we think will happen next after the extraordinary UK
#GeneralElectionpic.twitter.com/41GWv6iuM8Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
UK PM Johnson "trumps" President Trump in the headlines today as he heads for a big majority, overshadowing news that President Trump has 'signed off' on a Trade Deal with China (this is not to say he has actually signed anything official)https://think.ing.com/opinions/trump-trade-uk-election-deal-johnson-uk-tankan/ …
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Rob Carnell proslijedio/la je Tweet
Brilliant
#GeneralElection2019 cheat-sheet and article from@SmithEconomics and the guys@ING_Economics https://think.ing.com/articles/ings-uk-election-cheat-sheet/ …pic.twitter.com/tPptCqLAqB
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Rob Carnell proslijedio/la je Tweet
Why
@RobCarnell1 think the 'phase one' of the trade deal is a bit like one of those lessons in mathematical economics, where "n" approaches zero, but never quite reaches it, stretching asymptotically to infinity.https://think.ing.com/opinions/the-dec-15-trade-deadline-may-be-dead/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Return of the Tariffs! No not China, at least not yet, but Brazil, Argentina, and possibly France, Austria, Italy and Turkey. Markets are behaving in text-book fashion. Bond yields down, equities down, USD-Asia moving higher.https://think.ing.com/opinions/return-of-the-tariffs/ …
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From Indian GDP growth to Korean inflation, Asia's data is not painting a pretty picture. Chinese PMIs over the weekend buck that gloom, thanks to the boost from infrastructurehttps://think.ing.com/opinions/more-asian-pain/ …
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It's good (and rare) to hear a central banker talking common sense when it comes to unconventional monetary policy - The Reserve Bank of Australia's Lowe mostly did that in a speech last night.https://think.ing.com/opinions/australias-lowe-says-no-to-negative-rates/ …
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New highs in stock markets: Animal spirits seem strong and optimistic, just don't look at the data too closely.https://think.ing.com/opinions/new-highs-in-stock-markets/ …
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Rob Carnell proslijedio/la je Tweet
Fantastic report by
@SmithEconomics and the team@ING_Economics. All you need to know for the#GeneralElection19 and Brexithttps://twitter.com/ING_Economics/status/1193876788570738689 …
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After yesterday's encouraging news on trade, now the disappointment - any phase 1 trade deal now looks unlikely to be signed until December. Is there more than just a venue issue here?https://think.ing.com/opinions/trade-delay/ …
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