Stephen Roach

Stephen Roach warns that American monetary policymakers are so far behind the inflation curve that they can't even see it

Stephen Roach warns that American monetary policymakers are so far behind the inflation curve that they can't even see it

Stephen Roach urges the governors of the US Fed to acknowledge - and soon - that the 'transitory inflation' debate is over in the US

Stephen Roach urges the governors of the US Fed to acknowledge - and soon - that the 'transitory inflation' debate is over in the US

Stephen Roach thinks financial markets are right to worry about China's economic prospects, but for the wrong reasons

Stephen Roach thinks financial markets are right to worry about China's economic prospects, but for the wrong reasons

Stephen Roach worries that the recent official crackdown on tech companies will strangle the Chinese economiy's most dynamic sector

Stephen Roach worries that the recent official crackdown on tech companies will strangle the Chinese economiy's most dynamic sector

Stephen Roach is getting that 1970s feeling from the Federal Reserve's sanguine view of recent price data

Stephen Roach is getting that 1970s feeling from the Federal Reserve's sanguine view of recent price data

Stephen Roach explains why he expected a double-dip US recession this year, and why that call now lies in tatters

Stephen Roach explains why he expected a double-dip US recession this year, and why that call now lies in tatters

Stephen Roach hopes US President Joe Biden can muster the courage to renounce his predecessor's failed but popular approach to relations with China

Stephen Roach hopes US President Joe Biden can muster the courage to renounce his predecessor's failed but popular approach to relations with China

Stephen Roach cautions that lasting scarring in face-to-face services will limit the rebound in consumption - and employment

Stephen Roach cautions that lasting scarring in face-to-face services will limit the rebound in consumption - and employment

Stephen Roach interrogates the distinction between US-style cyber-libertarianism and Chinese-style digital surveillance

Stephen Roach interrogates the distinction between US-style cyber-libertarianism and Chinese-style digital surveillance

Stephen Roach points out that while a COVID-19 vaccine promises a spring of hope, a winter of despair is coming first for the US

Stephen Roach points out that while a COVID-19 vaccine promises a spring of hope, a winter of despair is coming first for the US

Stephen Roach says that negative net domestic saving in the US and a soaring current-account deficit will weaken the greenback fast

Stephen Roach says that negative net domestic saving in the US and a soaring current-account deficit will weaken the greenback fast

Stephen Roach argues that the pandemic's continuing impact on consumer demand all but rules out a V-shaped recovery

Stephen Roach argues that the pandemic's continuing impact on consumer demand all but rules out a V-shaped recovery

Stephen Roach explains why the newly approved EU rescue fund represents another nail in the coffin of US dollar hegemony

Stephen Roach explains why the newly approved EU rescue fund represents another nail in the coffin of US dollar hegemony

Stephen Roach argues that further pressure on the US net savings rate will force a rapid and sharp devaluation of the American currency

Stephen Roach argues that further pressure on the US net savings rate will force a rapid and sharp devaluation of the American currency

Stephen Roach and Weijan Shan say that the Trump Administration's smoking gun in its case against China's COVID-19 response fires blanks

Stephen Roach and Weijan Shan say that the Trump Administration's smoking gun in its case against China's COVID-19 response fires blanks

Stephen Roach shows why both sides stand to lose from their failure to comprehend the stakes of a breakup

Stephen Roach shows why both sides stand to lose from their failure to comprehend the stakes of a breakup

Stephen Roach thinks citing the policy response to the 2008 meltdown as precedent for today is a dangerous mistake

Stephen Roach thinks citing the policy response to the 2008 meltdown as precedent for today is a dangerous mistake

Stephen Roach suspects that the Covid-19 epidemic could be the shock that drives a wobbly global economy into recession

Stephen Roach suspects that the Covid-19 epidemic could be the shock that drives a wobbly global economy into recession

Stephen Roach points out the world economy came dangerously close to recession in 2019 - and its not out of the woods

Stephen Roach points out the world economy came dangerously close to recession in 2019 - and its not out of the woods

Stephen Roach says trade truce or not, a protracted Cold War-like conflict between the United States and China has already begun. That should worry the US, which, unlike China, is devoid of a long-term strategic framework

Stephen Roach says trade truce or not, a protracted Cold War-like conflict between the United States and China has already begun. That should worry the US, which, unlike China, is devoid of a long-term strategic framework

Stephen Roach praises China's successful efforts to reduce the carbon intensity of its economic growth - despite its per capita output being barely more than one-third the level in the so-called advanced economies

Stephen Roach praises China's successful efforts to reduce the carbon intensity of its economic growth - despite its per capita output being barely more than one-third the level in the so-called advanced economies

The US is pursuing a bipartisan containment strategy of China. Whether justified or not, the real problem is less the merits of the allegations leveled by US politicians than the incoherence of the Trump administration’s policies to address them

The US is pursuing a bipartisan containment strategy of China. Whether justified or not, the real problem is less the merits of the allegations leveled by US politicians than the incoherence of the Trump administration’s policies to address them

Policy blunders have become the rule, not the exception, for the US administration. The combination of ill-timed fiscal stimulus, aggressive tariffs, and attacks on the Federal Reserve demands a far more critical assessment of Trumponomics

Policy blunders have become the rule, not the exception, for the US administration. The combination of ill-timed fiscal stimulus, aggressive tariffs, and attacks on the Federal Reserve demands a far more critical assessment of Trumponomics

In the 1980s the US portrayed Japan as a grave economic threat. Now China is their new villain when they should be looking squarely in the mirror, Stephen Roach argues

In the 1980s the US portrayed Japan as a grave economic threat. Now China is their new villain when they should be looking squarely in the mirror, Stephen Roach argues

Washington has been loose with facts, analysis, and conclusions about China, and the American public has been far too gullible in its acceptance of this false narrative, says Stephen Roach. He wants objectivity and honesty in assigning blame

Washington has been loose with facts, analysis, and conclusions about China, and the American public has been far too gullible in its acceptance of this false narrative, says Stephen Roach. He wants objectivity and honesty in assigning blame