Baltic Dry Index In A Cliff Dive, Pending Home Sales Drop Despite Much Lower Interest Rates, Recession Is Looming

 

Germany Slashes 2019 Growth Estimate to 1%

“Euro-area confidence extended its worst losing streak in a decade and Germany’s government added to the pain by slashing its forecast for the region’s largest economy.”

Stephen Roach: Warnings from the Global Trade Cycle

 

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