“Summers vs. Carney ” – Financial Sector Malaise The Primary Driver Or Not?

By Stephen Lewis, Chief Economist of Monument Securities With his talk of ‘secular stagnation’, Prof Summers has prompted a welcome reassessment of what ails the global economy.  For five years, policymakers in the advanced economies have been taking measures of unprecedented vigour, with a view to restoring full employment, but the results have been uniformly […] Read more »