Tag: global economy

As President Joe Biden embarks for Asia on Thursday, he’s facing a new risk at home for the economy and his Democratic Party: a global slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories.

It becomes more clear as the days and months pass that the world is unlikely to return to the pre-pandemic "normal." The pandemic's impact has only accelerated many trends that were already underway in the global economy.

The Global Economy is headed into a slowdown and I, like many, believe a recession is in progress but unconfirmed. Over the last few months, I have discussed data that points to this and provide recommendations.