Economist Podcasts Landing padded: the global-recession risk
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Aug 16, 2024 
Ore Ogunbiyi, Africa correspondent and part-time dating expert, shares insights into the evolving world of dating, highlighting a shift from apps to in-person events and social clubs. Anne Rowe, Obituaries editor, pays tribute to the legendary fell runner Joss Naylor, celebrating his remarkable journey and connection to nature. The conversation also touches on the easing fears of a global recession, with discussions about market recovery and the complexities of the job market, providing a blend of heartfelt tributes and economic insights.
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Global Recession Risk Low
- The global economy is currently not in danger of recession, despite recent market volatility.
- Positive trends in inflation, jobs, and output data suggest a soft landing.
Post-COVID Unemployment
- The post-COVID business cycle has been unusual, making historical economic patterns less reliable.
- Rising unemployment may be due to labor shortages easing and more people entering the workforce.
Market Volatility Explained
- Recent stock market volatility can be attributed to technical factors like interest rate changes and sociological factors.
- People have been worried about a recession, making them prone to panic at any bad news.