On Wednesday the US Senate passed the Coronavirus Stimulus bill, with little time for scrutiny. This is perhaps unsurprising, given the scale and urgency of the health, social and economic crisis gripping the United States. Importantly for the current administration, it appears to be unprecedented yet decisive action, the kind of presidential behaviour needed if Trump is to win a second term in office.
COVID-19: CFO Concerns
This economic crisis, as well as the virus, is truly novel- it is not caused by bursting financial bubbles, deficient demand or underutilised potential. Revenues that would normally come from the population producing, earning and
February 2020
by Damon de Laszlo, ERC Chairman In January we were looking at a relatively steady, if confusing, world. Two minefields, one financial and the other political, were evident, but a new and unexpected phenomenon has appeared in the form of Coronavirus. Since the appearance of the Ebola virus and SARS, the World Health Organisation and […]
January 2020
by Damon de Laszlo, ERC Chairman Since November it’s been difficult to “put pen to paper!” The year ended, from a general point of view, incredibly well. Stock markets at an all-time high, economies trundling along, and no major disasters to spoil the year end. 2020 is a date that causes reflection and contemplation as […]
November 2019
The US recovery has held up remarkably well despite Trump-created uncertainty and a worry that ten years of improving stock markets should herald an end to a period of growth and bring in a cyclical re-balancing – in other words…
Britain & Overseas
Read the Autumn 2019 issue… featuring pieces on inequality, Blockchain, tax cuts and more!