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Tag: US

Insurance systems as conduits of macroeconomic policy outcomes

December 28, 2025

When central banks lower policy rates or governments deploy countercyclical fiscal stimulus, the standard transmission narrative is well known: the cost of capital declines, intertemporal substitution favors present consumption, risk appetite increases, private investment accelerates, and aggregate demand recovers. Monetary easing should relax financial conditions and spur balance-sheet expansion. Fiscal transfers and spending should smooth…
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Global economy: Big on vibes

September 3, 2022

The economy is a snapshot of people’s activities — i.e. the allocation of resources including money and time. When the economic story becomes too noisy to interpret, and too much bad air conquers the circulating narrative, it can lead people to expect the worst. What people expect can soon end up happening, and right now…
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Sino-US Trade tension: A long-drawn-out deul

July 7, 2018

After months of skirmishes and failed negotiations, the United States and China officially effected the implementation of steep tariffs on exports from each other. More than 800 Chinese goods worth a total of US$34bn/annum will attract a 25% import tariff in the US. In retaliation, China has imposed import tariffs of the same measure on…
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