Most of the August 22 week economic data will probably take a backseat to anticipation of Jerome Powell’s speech about “The Economic Outlook” on Friday at 10:00 ET at the Jackson Hole Symposium.
How much of Hong Kong's distinctive character is permitted to survive will be key to how foreign businesses respond to China's security move. And what advantages Hong Kong loses as a financial center will likely pass to two rival financial centers, Singapore and Shanghai. Our panel also discusses high-flying stock prices in the US, economic resilience in Switzerland, and lack of progress in Eurozone recovery plans.
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