Oil Prices Dip on Weak Chinese Data, Thailand’s Economy Shows Encouraging Trends

Oil prices dip due to weak Chinese economic data. Thailand's economy exhibits encouraging trends. Plus, Goldman Sachs revises US recession probability after strong economic data. Also, a thought-provoking article on who should implement monetary policy.

Sources:
https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Dip-on-Weak-Chinese-Economic-Data.html
https://www.thailand-business-news.com/economics/157037-thailands-economy-exhibits-encouraging-trends
https://www.kaohooninternational.com/economics/543354
https://www.econlib.org/should-monetary-policy-be-implemented-by-economists/

Outline:
(00:00:00) Introduction
(00:00:39) Oil Prices Dip on Weak Chinese Economic Data
(00:02:40) Thailand's Economy Exhibits Encouraging Trends
(00:04:42) Goldman Sachs Revises US Recession Probability Back to 20% after Strong Economic Data
(00:08:05) Should monetary policy be implemented by economists?