October 16 2019 • Dan North
The so-called “mini-deal” between the U.S. and China is not a game-changer for the global economy. We remain in our intermediate “Trade Feud” scenario; policy volatility is the new norm in trade negotiations, and it goes beyond tariffs (ban lists of companies). We are far from a comprehensive agreement.
September 24 2019 • Dan North
During our recent webinar, “Take Control of Tomorrow” our North American Chief Economist, Dan North, spoke on the current and future state of the U.S. economy and explained why the economy may look good right now, but projections for next year look bleak. Read the Q&As.
September 20 2019 • Euler Hermes
There’s a possibility of another recession in the near future. Learn about the key indicators of a recession and strategies on how to prepare your business during a recession with Euler Hermes.
September 18 2019 • Dan North
As expected, the Federal Reserve lowered the overnight Fed Funds rate by 25 basis points (bps) from a range of 2%-2.25% to 1.75%-2%. Here are 9 quick takeaways from Dan North, Chief Economist of Euler Hermes North America.
September 12 2019 • Dan North
The weakness in manufacturing was reflected in the ISM manufacturing survey, which slipped below the 50 level into contraction area at 49.1, the lowest level in almost four years. Seven of the ten components fell, and nine are now below 50 for the first time since the recession.
August 28 2019 • Dan North
Fed Chair Powell last Friday indicated that the Fed would be ready to act if uncertainty over a trade war continued to weigh on the economy. The same day the trade war did indeed worsen as China and the U.S. both imposed new tariffs and exchanged heated words.
August 16 2019 • Euler Hermes
Bad debt expenses are account receivables that are no longer collectible. Learn how to calculate bad debt expense and how to protect your business against bad debt.
August 15 2019 • Dan North
The news flow is unusually heavy for August, and at the moment it’s somewhat skewed towards the negative. Our central scenario of continued, but slowing growth for the rest of 2019, followed by a significant risk of a recession in 2020 remains intact.
The so-called “mini-deal” between the U.S. and China is not a game-changer for the global economy.
Prospects for a Brexit deal between the EU and the UK have significantly risen over the past few days, but a technical extension until early 2020 is still likely in our view.
The U.S. administration announced sanctions on Turkey after the military intervention in Syria, but the measures are more symbolic than binding