Simon Kennedy
Bloomberg
United Kingdom
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Past articles by Simon:
What's Happening in the World Economy: Russia's Four Economic Crises
Hello. Today we look at what economists are saying about Russia’s economic outlook, why the Netherlands is so exposed to the country and suicide rates among prime-age American men. → Read More
Why Diversity Matters at the Fed
Hello. Today we look at diversity at the Federal Reserve, who is winning from strained supply lines and what central banks might do when the next pandemic hits. → Read More
World Economy Now Set to Surpass $100 Trillion in 2022
(Bloomberg) -- The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research. → Read More
The Omicron Fallout Deals a Blow to Global Growth Outlook
Hello. Today we look at how omicron is slowing the world economy, a showdown over debt in Europe and how Bidenomics is faltering. → Read More
World Economic Forum Postpones January Davos Meeting on Omicron
The World Economic Forum postponed its annual meeting in Davos next month, thwarted for a second year by the fresh waves of coronavirus across Switzerland and the globe. → Read More
What Piketty’s Lab Discovered
Hello. Today we look at how the rich got even richer during the pandemic, the easing of monetary policy in China, and which governments managed to save money during the crisis. → Read More
Inflation Is Suddenly on Everyone’s Mind. How Bad Will It Be?
People hate it when prices rise. But this may be the cost we bear for heading off a Covid depression. → Read More
What's Happening in the World Economy: Inflation to Spoil Christmas
Get ready! From Nov. 17-19, the New Economy Daily will be coming to you direct from the fourth annual Bloomberg New Economy Forum in Singapore, where world leaders will gather to discuss the biggest issues facing the planet, from Covid-19 to income inequality and the climate crisis, and the progress being made to overcome them. For more info, click here. → Read More
Is Inflation Here to Stay? Slowing Growth Leads to Stagflation Fears
Across the U.S., Europe and Asia, economic data are flagging a slowdown in the recovery. More troubling, in many major economies, inflation looks set to stay stubbornly above central banks targets. → Read More
The Cost of American Inequality
Hello. Today we look at how much inequality costs the U.S., Latin America’s interest-rate hikes and Hurricane Ida’s inflation fallout. → Read More
What’s Happening in the World Economy: The delta variant threatens the recovery
Hello. Today we look at the economic risks posed by the delta variant, what to watch for in the week ahead, and the pros and cons of working from home. → Read More
Should Vaccines Be a Public Good?
Hello. Today we look at rising inequality and possible ways to tackle it, calls for more Chinese spending and the arrival of a new central banker in the U.K. → Read More
What’s Happening in the World Economy: Europe, U.S. in Lockstep Over Easy Money
Hello. Today we look at the upcoming meeting of the European Central Bank, a new report on mental health and the politics of chief executives. → Read More
The Year Unconventional Monetary Policy Turned Conventional
Global central bankers are discovering that monetary policies they once viewed as unconventional and temporary are now proving to be conventional and long-lasting. → Read More
Harvard’s Reinhart and Rogoff Say This Time Really Is Different
(Bloomberg Markets) -- When Carmen Reinhart and Kenneth Rogoff published their heavyweight history of financial crises in late 2009, the title was ironic. This Time Is Different: Eight Centuries of Financial Folly reminded readers that the catastrophic 2008-09 credit crisis was far from unique. → Read More
Jobs Destroyed Worldwide as Coronavirus Sparks Recession
(Bloomberg) -- The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week. → Read More
Trade War Back With a Vengeance After Jackson Hole: Economy Week
The escalating trade war means investors won’t have long to chew over the outcome of weekend meetings of central bankers in Wyoming and world leaders in France. Friday saw the U.S. → Read More
From Biarritz to Jackson Hole, Economic Leaders Debate Stimulus
Central bankers including Federal Reserve Chairman Jerome Powell will be in Jackson Hole, Wyoming from Thursday through Saturday. → Read More
Get Ready for the World Economy’s Biggest Week of 2019
There will be no chance of a summer break for investors or policy makers in coming days as they brace for what might be the busiest week for the world economy this year. → Read More
Lagarde to Succeed Draghi as ECB Chief as Economy Weakens
(Bloomberg) -- Christine Lagarde is set to swap the helm of the International Monetary Fund for that of the European Central Bank, becoming the first woman to run euro-area monetary policy just as the bloc’s economy looks in need of fresh stimulus. → Read More