by Julius Probst One stylized economic history fact is that emerging markets are much more prone to financial and currency crises than advanced economies. Since the end of Bretton Woods in 1971, emerging
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Written by Julius Probst The COVID-19 shock has already led to a huge repricing of
Last week was to financial markets what the Red Wedding was to Game of Thrones – meaning pretty much everybody got slaughtered. Our new client specialist and economist , Julius Probst, makes his debut on the Macro n’ Cheese blog today, as he couldn’t not spend his weekend analyzing what’s happening in markets and what this can mean for the rest of 2020.
This collection of charts summarizes the situation, both in China and in the rest of the world, after the Corona outbreak. They’re automatically updated as new data is released, so you can use it to track developments in the coming weeks and months. Since the commentary was written on February 28, it may not always match the updated data.
A recent article on the voxEu site – where our Chief Economist, by the way, spends way too much time – on the paradox of stagnant real wages and rising living standards in the United Kingdom, has garnered some attention. Roger has taken a deeper look at it.