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UK manufacturing output avoids contraction

Bloomberg UK manufacturing output unexpectedly avoided a contraction for the first time since April at the start of 2020, providing further evidence that ebbing political uncertainty is supporting the economy. IHS Markit said its Purchasing Managers Index for the sector climbed to 50 in January, right at the level that separates contraction from expansion. That’s also an improvement from an ...

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Trump’s impeachment trial has more utility than futility

When the Senate acquits the president, he will launch a vindication tour proclaiming that his prosecution was persecution that validated his coveted victim status: Crybaby conservatism’s leader has been tormented by unhinged elites. The entire impeachment episode might boost his reelection chances, but only slightly, because voters who are undecided about him are thin on the ground. Nevertheless, there is ...

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China is prepared to fight last virus

China has a bigger and more sophisticated toolbox to combat any economic slowdown from the coronavirus than in 2003, when it battled the Sars pandemic. The challenge now is a worsening backdrop both domestically and abroad, and how both hamper the effectiveness of Beijing’s response. It’s hard to be precise about the damage given the situation is still unfolding. Bloomberg ...

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