November world trade volume #'s out
World trade volume decreased -0.6% month-on-month (growth was 0.5% in October)
World trade momentum was -0.2% (non-annualised; 0.3% in October)
(Source:
CPB Netherlands Bureau for
Economic Policy Analysis) pic.twitter.com/SuCzk9HMDW— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) January 25, 2020
I don’t think this downturn will end any time soon, and frankly I don’t think it should until we come to a new understanding of how direct and indirect trade-related policies create imbalances that can either benefit or harm the global economy.https://t.co/TPwBZH9v8y
— Michael Pettis (@michaelxpettis) January 25, 2020
the global economy, already decelerating, is about to be hit a shock from the 2nd largest economy https://t.co/LQuNHw6ITn
— Alastair (@StockBoardAsset) January 26, 2020