Economic Recovery Archives

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Tag: Economic Recovery

2022: The Year of the Hangover?

On January 12, 2022January 10, 2022By Fast Rope

by Daniel Lacalle via Mises Institute The global recovery has slowed down significantly since the peak of the reopening effect in June 2021. What many expected would be a multiyear cycle of above-trend growth is proving to be a more modest bounce. Furthermore, according to Bloomberg Economics, the global economy will likely grow in the […]

The US Misery Index Shows How Weak This Recovery Is

On November 29, 2021November 29, 2021By Fast Rope

by Daniel Lacalle via Mises Institute United States consumer confidence has plummeted to a decade-low in November. The University of Michigan’s consumer sentiment index fell to 66.8 in November, down sharply from the October figure of 71.7 and well below consensus forecasts of 72.4. Inflation is hurting consumers and the impact on daily purchases is more […]