Tuesday, March 23, 2021

ANALYSIS: Mountain Valley Pipeline's once-favorable gas economics fall amid completion

In this week's Market Movers, presented by Kelsey Hallahan: * Crude prices retreat after bullish...

The OPEC+ alliance led by Saudi Arabia and Russia is set to push global oil inventories back to 2019...

Asia Long Range, or LR2, tanker rates rose above the key psychological mark of w100 for the first...

* * *

Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com.

Date: 2021-03-22T20:36:00
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Many things are taking place:

Fed's Powell: Economic recovery ongoing but far from complete | Fox Business

Nancy Tengler, Scott Martin and Nicole Webb discuss where things are looking up and Charles' stock of the day.

Federal Reserve Chair Jerome Powell is set to testify before the House Financial Services Committee on Tuesday, where he will update lawmakers about the ongoing economic recovery amid the coronavirus pandemic .

In prepared remarks released on Monday, Powell noted that the recovery has “progressed more quickly than generally expected” and appears to be strengthening.

Publisher: Fox Business
Twitter: @FoxBusiness
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New instructions - Efforts to modernise economics teaching are gathering steam | Finance &

Students say that inequality is the most pressing economic problem of the day, according to a paper by Samuel Bowles of the Santa Fe Institute and Wendy Carlin of University College, London. But in many textbooks, they argue, the topic is merely appended to the core curriculum. In 1993 a study found race and gender bias in introductory textbooks. A quarter of a century on, many are still found to underrepresent women. (The new survey did not consider race.

This is partly because improved pedagogy is being seen as a way to diversify the profession. KimMarie McGoldrick, who leads a committee on economics education for the American Economic Association ( AEA ), says that teaching used not to be a priority, which may have sapped efforts to entice students into the subject. Now the classroom is being seen as a place for a more active approach.

Publisher: The Economist
Twitter: @TheEconomist
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The Guardian view on public sector jobs: keep gig economics out | Public services policy | The

The company found to have been using 17-year-olds, Third Space Learning, has now introduced a minimum age of 18. The Department for Education has said it will conduct a review. But the decision to spend public money on tutors in Sri Lanka and India raises important questions about technology, education and the broad social and economic consequences of the pandemic.

Publisher: the Guardian
Date: 2021-03-22T19:41:53.000Z
Author: https www theguardian com profile editorial
Twitter: @guardian
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While you're here, how about this:

Pre-Pandemic Job Levels Not Happening Until 2023: Economists - CFO

The U.S. job market is unlikely to return to its pre-COVID-19 pandemic levels until 2023 or later, according to a new survey released by the National Association of Business Economists (NABE).

The organization, which has more than 2,900 members, conducted its latest NABE Outlook from February 8 to February 16. For the most part, the NABE members were optimistic about the near-term U.S. economy, with 82% of panelists forecasting real gross domestic product (GDP) to return to pre-pandemic recession levels sometime this year and 52% predicting it would occur in the second half of the year. Another 14% believed it would happen in 2022 while 4% were anticipating a return by 2023 or

Publisher: CFO
Date: 2021-03-22T22:55:00 00:00
Author: Source Benzinga
Twitter: @cfo
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What are the signs of economic recovery? Seattle expert weighs in on Phase 3 | king5.com

SEATTLE — Washington entered Phase 3 of the state's "Healthy Washington" reopening plan on Monday. That means 50% capacity at most indoor businesses, including restaurants, gyms and movie theaters. 

On Monday, Microsoft announced plans for the return of some employees to its Redmond headquarters . 

But does this signal that the economy may be bouncing back? One Seattle economist said we shouldn't look to the Microsoft announcement as a sign of economic recovery. 

Publisher: king5.com
Date: 3/23/2021 5:40:57 AM
Twitter: @KING5Seattle
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Short and Hot: How Investors Can Play This Economic Cycle | Barron's

Whether or not the current economic cycle is a new one–as opposed to a continuation of the pre-Covid cycle–isn't just a question for the wonks.

As the pandemic brought the global economy to a sudden stop and extraordinary fiscal and monetary responses drove a rapid recovery, some argue that both were so fast that conditions never reset in the way they usually do during recessions, says Morgan Stanley 's chief cross-asset strategist Andrew Sheets.

Date: 2021-03-22T20:35:00.000Z
Author: Lisa Beilfuss
Twitter: @BarronsOnline
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Biden Administration Officials Put Together $3 Trillion Economic Plan - WSJ

WASHINGTON—Administration officials are crafting a plan for a multipart infrastructure and economic package that could cost as much as $3 trillion and fulfill key elements of President Biden's campaign agenda, according to people involved in the discussions.

That package would be followed by measures focusing on education and other priorities, including extending the newly expanded child tax credit scheduled to expire at the end of the year and providing for universal prekindergarten and tuition-free community college, the people said.

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Publisher: WSJ
Date: 2021-03-23T02:04:00.000Z
Author: Ken Thomas and Andrew Duehren
Twitter: @WSJ
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