China, Japan, Germany, Italy, South Korea likely are already in recession. Inflation expectations keep falling – this is not the time for “wait-and-see”. @ecb should start sizable permanent expansion of the money base and keep going until market inflation expectations are at 2% https://t.co/JuzcQfm6Q0
— Lars Christensen (@MaMoMVPY) March 4, 2020
The Fed's current posture is contradictory. Therefore the language they are using to explain it is incoherent gibberish.
Our mistake would be thinking of it somehow as reasonable. https://t.co/5XmyXzP8JV— Jack (@JackPScott) March 4, 2020
We're downgrading China growth this year from 5.9% to 3.7% & the US from 2.0% to 1.3%. Rest of the world is shaky. Germany struggling to retool autos, Japan weighed down by 2019 tax hike. EM has been weak for a while. Global growth could approach 1.0% in 2020, weakest since 2009. pic.twitter.com/p4J1tuEewh
— Robin Brooks (@robin_j_brooks) March 4, 2020
Global Economic Growth Slowdown More Significant Than Previously Thought
The global economic slowdown resulting from the coronavirus outbreak will be more severe than previously estimated, Kristalina Georgieve, the IMF’s managing director, said on Wednesday.
Bank of Japan’s Kuroda Offers Bleak View on Economy: Warns
The coronavirus outbreak could inflict serious damage on the Japanese economy, B…
US2Y YIELD keeps collapsing.. -14% pic.twitter.com/vmYOIxvk9z
— Alessio (@AlessioTMAD) March 4, 2020
BANK OF CANADA CUTS OVERNIGHT INTEREST RATE TO 1.25% FROM 1.75%
— *Walter Bloomberg (@DeItaone) March 4, 2020
China's economy is falling off a cliff. $FXI $ASHR pic.twitter.com/s9VkJbR1cd
— Jesse Colombo (@TheBubbleBubble) March 4, 2020