The Intelligence from The Economist

Landing padded: the global-recession risk

4 snips
Aug 16, 2024
Ora Ogunbeyi, Africa correspondent and part-time dating expert, discusses the intriguing trend of singles moving away from dating apps to engage in in-person events, like run clubs. Meanwhile, Anne Rowe, the Obituaries editor, pays homage to Joss Naylor, a celebrated fell runner, sharing stories of his incredible achievements and the community's heartfelt tribute plans. The conversation highlights a shift toward authentic connections and celebrates the spirit of resilience in both dating and athletics.
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INSIGHT

Global Recession Risk Low

  • The global economy is currently in decent health, despite recent recession fears.
  • Positive trends in inflation, jobs, and output data suggest a soft landing.
INSIGHT

US Jobs Data

  • US unemployment has risen, causing recession worries.
  • This rise is likely due to labor shortages easing and more people entering the workforce.
INSIGHT

Post-COVID Economic Rules

  • COVID-19 disrupted typical economic patterns, making traditional recession indicators less reliable.
  • These rules of thumb will likely become useful again as the aftershocks of the pandemic subside.
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