Global Economic Momentum Continues To Disappoint…. US Economy Suddenly On Verge Of Contraction…

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China’s Evergrande crisis: clock ticking as crucial debt default deadline looms

Atlanta Fed Says US Economy Suddenly On Verge Of Contraction

In its latest GDPNow forecast published moments ago, the Atlanta Fed slashed its estimate for real GDP growth in the third quarter of 2021 to just 0.5%, down from 1.2% on October 15, from 6% about two months ago, and down from 14% back in May.

‘People Are Hoarding’: Food Shortages Are The Next Supply-Chain Crunch

More than a year and a half after the coronavirus pandemic upended daily life, the supply of basic goods at U.S. grocery stores and restaurants is once again falling victim to intermittent shortages and delays.

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