by ogordained
UNITED STATES
- Many mergers and acquisitions are being done in a way to allow companies to take on more debt and engage in speculative excess
- Industrial production continues its upward trend
- as does capacity utilization
- Inflation is expected to fall sharply due to low oil prices
- Q3 earnings exceeded expectations across the board
- Oil giants are taking over fracking in the US
- The likelihood of another rate rise in December fell below 70% after the Fed acknowledged a global slowdown
OTHER
- Turkey’s industrial production fell below its levels last year
- A quarter million people protested higher fuel taxes in France
CHINA
- The yuan continues a seemingly limitless decline
- Companies are beginning to consider packing up and moving manufacturing operations out of China
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