Global themes we are tracking: public health, de-globalization, policy retreat, technology and the East and West divide.
The outlook for the fourth quarter and beyond is positive, but the recovery remains uneven. The Northern Trust Economics team shares its outlook for key markets in the month ahead.
Personal trading could undermine public trust in the Federal Reserve.
Unilateralism is not a remedy for multilateral institutions.
The Delta variant’s impact on supply chains and domestic spending slowed economic activity in the third quarter. Consumer confidence dipped noticeably, and businesses’ outlook dimmed somewhat. Rising inflation, the product of goods and labor shortages, has been a concern.
Today's supply and inflation challenges stem from Brexit.
Are inflation forecasts reliable enough to shape policy?
Several events will have major influences on the global economy in the months ahead.
Canada's election yielded no changes, leaving housing as the key risk to watch.
The stage looks set for a taper without any tantrums.
The spillover from the property sector to the broader economy could be significant.
The Delta variant and supply constraints are the biggest worries for the global outlook.
The Fed governors will soon decide when and how to taper asset purchases.
The Northern Trust Economics team shares its outlook for the U.S. economy.
Europe still needs fiscal support to preserve stability and growth.
The U.S. Congress faces major financial deadlines in the month ahead.
Evergrande is an example of the risk of debt defaults to China's financial stability.
Household savings and central bank policies have reduced the need for credit.
Trucks are a vital link in supply chains, but there aren't enough people to drive them.
Floods, fires and droughts are growing risks.
A puzzling jump in retired Americans should reverse soon.
Measures aimed at containing COVID-19 will suppress growth and stress inflation.
New virus outbreaks in supplier nations are adding to inventory problems.
The recovery has had its ups and downs, but the economy is moving in the right direction.
Governments are finding their place in supporting development.
The automotive market is running lean.
The debate over post-pandemic scheduling often centers on productivity.
A firm economic recovery is well underway, but the fast-spreading Delta variant is clouding the outlook.
Delta has the potential to alter the path of recovery; central banks are rising to face heavy challenges; and U.S. states have survived a major stress event.
Workers have the upper hand, but not for long; Latin America stagflates; and Sweden provides a case study in COVID-19 response.
Reflecting on a busy six months of vaccines, inflation, trade relations, supply chains, and policy challenges.
Brexit is as complicated as we expected, but restaurants are reviving and aircraft tariffs are suspended.
Many economies are now in advanced stages of economic reopening, but some are still struggling.
The Fed is talking about tapering its asset purchases.
COVID made demographic challenges even more complicated, but that hasn't slowed demand for houses in the U.S.
Crisis investments may yield a lasting boost to productivity, while Australia's restrictions pose a lingering risk.
From base effects to bottlenecks, wages to pricing power, inflation questions abound.
China was the first nation to enter recovery, and high U.S. import demand has helped it.
Advanced economies are doing better than emerging markets.
Biden pushes more spending just as the U.S. debt ceiling returns from hiatus, while Scotland's standing in the U.K. is uncertain.
Labor markets are changing course. When will the Fed do the same? India's second wave will disrupt activity elsewhere.
"Buy American:" easier said than done. Sports leagues are still struggling, and tax evasion is costly.
Human capital needs renewal; COVID-19 sweeps through India again, while the U.S. economy springs back to life.
National corporate tax policies need global coordination; U.S. unemployment rates don't tell the full story.
The Northern Trust Economics team shares its outlook for global growth in this year of reopening.
Infrastructure merits more investment, everywhere; we look at the specifics of the U.S. proposal.