Dalio Says Central Banks Are Losing Ability to Reverse Downturns (Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Ray Dalio thinks the ability of central banks to reverse an economic downturn is coming to an end as the global economy enters what he says … Read more
Banks looking to build profits can simply decide to start selling loans rather than providing them, says industry analyst Dick Bove. JP Morgan Chase has been following this strategy to great effect. If too many banks follow that lead, it could pull money from the economy and tip the U.S. into recession, Bove argues. A … Read more
History says:If $KRW breaks, global stocks follow. Now re-testing a major support line. South Korea heavily relies on exports and the won is a barometer for financial conditions worldwide. Name a time in history when $KRW fell apart and the global economy didn't. pic.twitter.com/E8gScNMbsf — Otavio (Tavi) Costa (@TaviCosta) August 26, 2019
Survey of economists by @WSJ, highest recession probability reading ever in history of survey pic.twitter.com/eEtwQlG98x — Win Smart, CFA (@WinfieldSmart) August 29, 2019 where is this second half rebound? pic.twitter.com/7pdT1MWS72 — Alastair (@StockBoardAsset) August 30, 2019 U.S. Weekly Leading Index (weekly) stall speed pic.twitter.com/C8dg4HwPRY — Alastair (@StockBoardAsset) August 30, 2019 https://t.co/5lAvB7JT9v — Alastair (@StockBoardAsset) August … Read more
https://twitter.com/SekWisniewski/status/1167158619227467777
by LV The time has come to face reality. Some American citizens are superior to others as far as justice under the law is concerned. They just are. Take the Clintons for example. Allegedly, they have been on a crime spree since they took control of the Governor’s Mansion in Arkansas back in 1979. And … Read more
by visualcapitalist Higher education is often considered the first rung in the ladder of success. That’s why thousands of students flock to top-tier universities around the world, hoping to translate their degrees into financial outcomes. After all, a degree from specific institutions can often mean that a wealthy and secure future is in the books. With … Read more
As trade tensions with the U.S. draw out, the world’s second largest economy will likely seek to beef up its domestic economy, which contributes more to growth than its exports, according to analysts. “We describe China’s current strategy as ‘endurance’: the main goal is to preserve China’s economic resilience, while taking the higher US tariffs … Read more
https://www.bloomberg.com/news/articles/2019-08-29/german-unemployment-jump-adds-to-pressure-for-fiscal-stimulus?srnd=premium The number of people out of work increased by 4,000 to 2.29 million in August, the fourth straight month that joblessness failed to drop after six years of almost continuous decline. The unemployment rate remained at 5%, near a record low. The government, after years of running a budget surplus, has signaled it’s willing … Read more