Countless stores closing, economy increasingly reliant on stimulus. This is bound to fail. The question is, when?
Today we can see that many stores have closed all over the world. The biggest group being retail stores but it seems to be contagious, affecting everything from banks and financial companies to consumer goods. There are no reasons for this to happen after a decade of stimulus, but here we are. An economy in struggle, yet hidden by fraudulent statistics. There’s no possible way to grow out of this mess and it’s only a matter of time before the Fed ramps up the printing presses yet again.
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
Santander to close 140 branches, putting more than 1,200 jobs at risk | Business | The Guardian
Verizon Media Group is laying off 7% of its staff
www.cnbc.com/2019/01/23/verizon-media-group-plans-to-cut-7percent-of-its-staff-source.html
Retail alert: These major retailers are closing stores in 2018
clark.com/shopping-retail/major-retailers-closing-2018/
Ray Dalio says US tax changes will have ‘huge’ impact on markets
www.cnbc.com/2019/01/23/ray-dalio-says-us-tax-changes-will-have-huge-impact-on-markets.html
Hedge fund manager Einhorn explains why he lost more than 30% last year: ‘Nothing went right’
Hedge fund star David Einhorn posts his worst year ever, losing 34% in 2018
Greenlight’s Einhorn tweaks portfolio, says CFO to leave
Bridgewater’s Jensen Expects to See a Protracted Economic Slowdown – Video – BNN
Bridgewater’s Jensen Sees Protracted Economic Slowdown Coming
www.fa-mag.com/news/bridgewater-s-jensen-sees-protracted-economic-slowdown-coming-42914.html
Government debt tab hits $66 trillion, 80% of global GDP, Fitch says
www.cnbc.com/2019/01/23/government-debt-tab-hits-66-trillion-80percent-of-global-gdp-fitch-says.html