US Factory Sector Articles and Whitepapers
Watching the economy is a bit like watching England play football; some reasonable results and everyone gets carried away with expectation and then it’s back down to earth with a result that was determined by external factors
PegasusCapital - 04/04/2016
Whitepapers / Articles
The risks of a deflationary outcome remain very elevated. Our understanding of likely household responses is becoming more informed, particularly with regard to genuine uncertainty, precautionary savings balances being built (where possible) and the likely consolidation of credit related debt. Turning the tide on the risk of viral infection and saving lives is the driving policy of government, but by definition this just pushes another rising tide of shrinking demand onto the economy.
PegasusCapital - 07/05/2020