Reliable global trade proxies like South Korean exports are at 2008-2009 lows showing the global trade/economic outlook is still quite shaky.
- Global Economy Expected to Grow at Slowest Pace Since 2008: IMF (VIDEO)
- Leading Indicators Suggest Recovery in 2020, Says Variant Perception’s Simon White
- Gary Shilling on Shifting Supply Chains, Decline in US-China Trade
Weakness in US manufacturing now filtering into services, with the latter making up around 80% of US GDP and employment.
World’s second largest economy—China—now growing at slowest pace in nearly 30 years.
- Book Interview: China’s Great Wall of Debt
- Why Strategists Have Their Eyes on Indonesia
- MMT Heaven and Hell for China and the United States
Further cuts by Fed will have limited economic effects since long-term borrowing rates are already at record lows.
- Podcast: Recessions, Yield Curve Inversions, and Negative US Interest Rates
- Jim Bianco Says Negative Rates in the US Could Lead to Disaster
- Martin Armstrong on the Biggest Bubble in Modern History
Dollar likely in a topping process based on relative strength of other currencies and macro-outlook.
- Dollar Weakness on the Horizon
- Gold on Track to Hit a New Record, Predicts Jeff Christian
- Creditism, MMT and America’s Trillion-Dollar Deficits
We’ve probably seen the peak in corporate buybacks for this economic cycle as companies are now focusing on their debt and leverage ratios, which are both at all-time record highs.
Total US Corporate Debt
US Corporate Debt / GDP