Global Developments: Let’s begin with some updates on the coronavirus. Here is the Google search frequency for the word “coronavirus”:
Preparedness for epidemic/pandemic:
China: Here is the distribution of China’s shadow-banking credit.
Eurozone: The ECB and other economists have been downgrading the euro-area inflation forecasts (PM = Pantheon Macroeconomics).
United States: Consumer confidence remains near multi-year highs.
Energy: Permian production may peak as early as next year.
Food for Thought: Leading Democratic presidential candidates’ proposed federal spending increase:
Edited by Daniel Moskovits
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