why is jpm hedging against a downturn in the "greatest economy ever"? pic.twitter.com/7t4pztmYHB
— Alastair Williamson (@StockBoardAsset) April 4, 2019
Job Layoffs Surge 35% to Highest Level to Start a Year in a Decade
The worst first quarter since 2009, according to Challenger, Gray & Christmas.
- Job layoffs hit 190,410 in the first quarter, a 35.6 percent increase over the previous year and the worst first quarter since 2009, according to Challenger, Gray & Christmas.
- The report comes a day before the government’s nonfarm payrolls count, which is expected to show growth of 175,000.
Layoffs hit their highest level for a first quarter in 10 years as 2019′s job market got off to a shaky start, according to a report Thursday from outplacement firm Challenger, Gary & Christmas.
Total announced cuts hit 190,410, a 10.3 percent increase from the fourth quarter and 35.6 percent jump from the same period a year ago. The level was worst period overall since the third quarter of 2015 and the highest level for a first quarter since 2009 as the economy was still mired in the financial crisis.
recession in Europe pic.twitter.com/3mrte4XbGi
— Alastair Williamson (@StockBoardAsset) April 4, 2019
Year Ahead #GDP Consensus Revisions (bps) (China lol) pic.twitter.com/AOVdjTVSNA
— 𝕮𝖍𝖎 🛢️ (@chigrl) April 5, 2019
#GlobalGrowthSlowing >>Australia #coal posts biggest weekly drop in a decade amid weak demand t.co/m2t8P7F1uP pic.twitter.com/p35IjImdDZ
— 𝕮𝖍𝖎 🛢️ (@chigrl) April 5, 2019
The Decade of Deleveraging didn’t quite turn out that way. Total world debt has grown by $100tn to around $250tn since 2008. But the face of the debts has changed. Companies took advantage of rock-bottom interest rates to go on their own borrowing spree. t.co/tLlZnjfyGa pic.twitter.com/XUcCvEIvgg
— Holger Zschaepitz (@Schuldensuehner) April 4, 2019
rate cut & qe-4 statements from trump admin is panic
— Alastair Williamson (@StockBoardAsset) April 5, 2019
Yields, Dollar Slide As Trump Calls For QE4
“I personally think the Fed should drop rates, They really slowed us down, in terms of quantitative tightening, it should really be quantitative easing…
TRUMP SAYS FED SHOULD DROP RATES, STOP QUANTITATIVE TIGHTENING
Because economy is so strong
— zerohedge (@zerohedge) April 5, 2019
Next Phase in Trucking Boom-Bust Cycle Has Started
From “capacity panic” to “overcapacity” in less than a year?
Risky Company Debt Is Getting Riskier
“Lenders may need to resort to the courts more and more in the next downturn,”