WEO 32: Global economy shoots itself in foot....

Why you should watch: Yes, there's a second wave... But (for whatever reason) it seems to be even less lethal than the first wave. Still, politicians around the world seem to have decided to channel their inner Jacinda Ardern, and shut their economies down, regardless of the broader impact on public health and the likelihood of massive unemployment. As for the US, well, the Hunter Biden bombshell exploded - but little damage, and the Biden juggernaut rolls on. An eight-point gap is pretty much insuperable at this stage, particularly with money flowing into the Biden campaign. Nevertheless - perhaps counter-intuitively - the markets feel the Senate will stay Republican. Elsewhere, the only country doing well remains China - where this week sees the 5th party Plenum and the next Five Year Plan. Xi must be feeling pretty smug.

In his Weekly Economic Outlook, Andrew Hilton, the CSFI’s Director, discusses the current crisis, its impact on the global economy, and what we may be missing.

Andrew is a former World Bank economist, who also ran a small economic consultancy advising international clients, particularly in the Middle East. He has an MA from New College, Oxford, an MBA from Wharton, and an MA and PhD from the University of Pennsylvania, where he was a Thouron Scholar and Kent Fellow.

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Edited by Alex Treptow