Quarterly US outlook webinar: Biden holds the key to a stronger economy in 2021
The 2021 economic liftoff may have been delayed, but the rocket is fueled up and ready for launch once health conditions improve. What economic policies should we expect from the Biden administration? What are the upside and downside risks to growth? And, what can we expect from the Fed over the coming years?
Gregory Daco | Chief US Economist
Gregory Daco is Head of US Macroeconomics at Oxford Economics. He is responsible for producing the US economic outlook using Oxford Economics’ proprietary Global Economic Model. Greg tracks and forecasts high-frequency indicators, and oversees the production of thematic research pieces on the US economy, the Federal Reserve, financial markets and fiscal policy. He is also responsible for presenting the global outlook to clients and partners, and liaising with the media.
Kathy Bostjancic | Chief US Financial Economist
Kathy Bostjancic is Head of U.S. Macro Investor Services. She is responsible for assessing the impact of macroeconomic forecasts and analyses on the financial markets. She will present the economic outlook and market implications to U.S. asset managers and other clients, and she will be a media spokesperson. Kathy will also lead and collaborate on multiple consulting projects for U.S. clients.
Is sterling in the midst of a sell-off or a full-blown crisis?
Policy announcements are coming thick and fast in the UK at the moment and have been greeted with the most significant sell-off in UK assets in decades. Is this a case of markets overreacting or have the UK public finances been put on an unsustainable footing? Will the Bank of England react to the fall in sterling or are markets setting themselves up to be disappointed? We will set out our views on all these topics and set out the conditions under which we think this volatility will subside.Find Out More
Pre-emptive debt restructuring: a viable scenario for fragile African sovereigns?
The expiry of Covid-19-related support coupled with a surge in the goods import bill has exacerbated pressure on external trade positions for various African sovereigns. We see headwinds intensifying from 2023 onwards in the form of a deepening drought in East Africa, populist-leaning policies aimed at appeasing voter frustrations, large redemptions of external public debt facilities, and moral hazard. The risk profile is fragmented but a common thread can be found across Africa: sovereigns face an uphill battle in meeting the projected external funding requirements. With the risks of disorderly default on the rise and informed by the Zambian blueprint, we investigate the case for pre-emptive debt restructuring for fiscally fragile nations including Egypt, Ghana, and Kenya.Find Out More