Gavyn Davies | Financial Times

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Sunday, 10 January, 2021

Cryptocurrencies
Bitcoin has ambitions for gold’s role
After years of hostility to cryptocurrencies, central banks will permit them a limited role
Sunday, 27 December, 2020

Global Economy
The response to secular stagnation will drive the markets post-Covid
Much depends on how much Joe Biden boosts the fiscal stimulus as US president
Sunday, 13 December, 2020

Global Economy
As Covid optimism grows, investors seek to hedge against inflation risk
The global reflation trade means a change of strategy on portfolio protection
Monday, 30 November, 2020

Coronavirus economic impact
The risks of the global Covid debt bridge
Markets seem unconcerned that the pandemic has left borrowing at all-time highs
Sunday, 15 November, 2020

Coronavirus pandemic
Democracies that failed the Covid test will struggle on climate change
Efforts to address both issues are hampered by externalities and behavioural biases
Sunday, 1 November, 2020

Coronavirus economic impact
The future of fiscal policy without traditional constraints
Covid response has shown inflation and interest rates no longer dictate limits on debt
Sunday, 18 October, 2020

Japanese economy
Japan’s Suga inherits an economy stabilised by Abenomics
The country is no longer such an obvious outlier among its peers
Sunday, 4 October, 2020

Global Economy
Global goods sector drives economic recovery
Markets are reflecting sectoral shifts in the world economy as services lag behind manufacturing
Sunday, 20 September, 2020

Global Economy
Expect long-term economic scarring from Covid-19
Forecasts for GDP growth look optimistic, but the risks of permanent losses are worrying
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Sunday, 13 September, 2020

Bank of England
The Bank of England’s message on monetary financing needs clarity
The central bank’s gilt purchases have been justified but could pose long-term risks for financial stability
Sunday, 6 September, 2020

US Inflation
The Fed risks higher inflation to boost jobs
The US central bank’s new monetary framework takes policy back to the 1960s
Sunday, 2 August, 2020

Global economic recovery
The anatomy of a very brief bear market
Dramatic changes in the equity risk premium may have caused US stock market volatility
Sunday, 19 July, 2020

Coronavirus economic impact
US Covid-19 surge could trigger a double-dip recession
Markets are ignoring the possibility that severe lockdowns may be needed in many states
Sunday, 12 July, 2020

Global Economy
Central banks expand their role to address the crisis
Far from being impotent, they have again been crucial actors in the pandemic
Sunday, 5 July, 2020

US employment
Big data suggests a difficult recovery in US jobs market
Private sources paint a detailed and worrying picture of the labour market after the Covid-19 shock
Sunday, 28 June, 2020

Global Economy
The safe-asset shortage after Covid-19
Demand has outstripped supply since 2009 but the latest crisis may help to redress the balance
Sunday, 21 June, 2020

Global Economy
Will public debt be a problem when the Covid-19 crisis is over?
There is unanimity about macroeconomic policy for now, but not about exit strategy
Sunday, 7 June, 2020

Global Economy
Covid debt mountains are a challenge for next decade
Treasury bond issuance and central bank QE must work in tandem for economic recovery
Sunday, 31 May, 2020

Global Economy
Covid-19 effects could deepen secular stagnation
Monetary policy as we know it has become redundant. Central banks’ golden era is probably over
Saturday, 23 May, 2020

Global Economy
Penny-pinching consumers may spell trouble for recovery
US savings rates are pushing towards record highs
Sunday, 17 May, 2020

Global Economy
Why the US jobless surge is worse than in Europe
America’s emergency aid supports those made unemployed instead of preventing lay-offs
Sunday, 3 May, 2020

Global Economy
After lockdown, economic sunlight or a long hard slog?
Equities imply that economic activity will swiftly return to previous peaks
Tuesday, 28 April, 2020

News in-depthFT Alphaville
Inflation figures are about to get fuzzier
Official data will show prices falling drastically but might not be a fair reflection of what’s really going on.
Sunday, 26 April, 2020

Global Economy
The deflation threat from the virus will be long lasting
Supply lockdowns could cause bigger declines in global demand, with falling prices
Sunday, 19 April, 2020

Global Economy
The SDR is an idea whose time has come
An issue of new special drawing rights would help the world economy, if done correctly