Silver Lining It is easy to be depressed amid the COVID-19 crisis. Predictions include:
Global agricultural trade will shrink 12.7 percent this year.
Globalization will decline.
The European integration project is at risk. (Italian Prime Minister Giuseppe Conte)
Half a billion people will go into poverty.
Etc.
However, there are some positives. Food supply chains and safety systems have not broken down. Since people cannot gather, there are no massive angry protests, there are no incessant political commercials, divisive issues like climate change, green deals and ripping up conventional agriculture have been set aside to focus on saving lives. Economy and Long-term A major downside of battling COVID-1...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
