via CNBC: The weak report from the Commerce Department on Monday joined a raft of other soft data, including housing starts and manufacturing production that have left economists anticipating a sharp slowdown in growth in the first quarter. Retail sales …
by Martin Armstrong We are beginning to witness the impact of state taxes on decision making. California’s high taxes led to the San Francisco Giants losing Bryce Harper to the Philadelphia Phillies. The 26-year-old professional baseball star agreed to a 13-year, $330 million deal …
By Patrick Watson Looking at the official unemployment rate, American workers should be pretty happy. Almost everyone who wants a job has one. Yet many aren’t happy at all. We see it in consumer sentiment, retail sales, and other indicators. We …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Home prices that rise faster than wages – as they have done for years now – are not a free lunch for the economy. And now there is no good way out (9 minutes). …
The global economy is ‘clearly’ slowing down: AP Moller-Maersk from CNBC. Soren Skou of A.P. Moller-Maersk says U.S.-China trade issues are the “biggest single risk” that can affect the company’s shipping business. https://www.cnbc.com/video/2019/03/27/the-global-economy-is-clearly-slowing-down-ap-moller-maersk.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
🧐Have a Look at this. Global Economy s´Sink?People say this time Different @ThePitBoss16 @TradersCom @Lizardjb3 @OccupyWisdom @hks55 @SpeculaThor @mgftzgd @LordPolemos @CoryLVenable @Simple_Trends @PMack1224 @scar_david @StockBoardAsset @ezkappdo @mcm_ct @EconGlobal @tey_west pic.twitter.com/ShxseNB0Kp — Antonio Pérez-Algás (@apanalis) March 23, 2019 g l i …
Australia real estate continues to slowly decline. In Sydney, the average decline is 13% from its peak. Some neighbourhoods are even worse. Construction companies are feeling the burn. Foreign investment has slowed to some degree which is having an impact …
Via Investment Dynamics Research “You’ve really seen the limits of monetary and fiscal policy in its ability to extend out a long boom period.” – Josh Friedman, Co-Chairman of Canyon Partners (a “deep value,” credit-driven hedge fund) The Fed’s abrupt policy …
via CNBC: Executives at FedEx, BMW, UBS and others are describing bleak macroeconomic conditions, which they say are weighing on business. The head of UBS says it was “one of the worst first-quarter environments in recent history,” while FedEx cites …
by Mac Slavo of SHTFplan Student loan debt has reached record level highs and its impacts are being felt throughout the entire economy. This crisis will be hard on those deeply indebted, but it is also a drag on the nation’s economy as …
ECB – The QE contributed 1.9% to GDP.By creating a zombie economy that returns everything as soon as it stops#ECB #bubble pic.twitter.com/oqb5d6p42E — Amit Noam Tal (@amital13) March 18, 2019 ECB policy has not helped banks… rather the opposite pic.twitter.com/KYQF2Kpzhs …
by Mac Slavo of SHTFplan The UCLA Anderson Forecast announced Wednesday that the United States economy is at a “very real risk” of falling into a recession in the year 2020. “A year ago we were looking forward to a synchronized global expansion; today …
Talk Digital Network, Released on 3/14/19 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth …
by Shaun Richards A feature of the current world economic slowdown has been that the United States has been outperforming its peers. Some of that has been genuine and some simply because the news flow was slowed by the time …
via silverdoctors: Hundreds of brand-spankin’ new, state-of-the-art planes have suddenly stopped flying, and no logistical hiccups? There’s an important reason for that… Hmm. Opinion? Why yes, this is. “Economic collapse”. That’s what people call it. But how do we know it’s real? …
via nationalinterest: New research suggests that China’s economy is only half the size of America’s—and growing much more slowly than officially reported. hina’s economy isn’t what it used to be (at least as recently as last week). Four intrepid economists—Wei Chen, …
via kunstler: Just as presidents are expected to act presidentially, Federal Reserve chairpersons are expected to act oracularly — as semi-supernatural beings who emerge now and again from some cave of mathematical secrets to offer reassuringly cryptic utterances on mysteries of …
by Marshall Auerback In the aftermath of the greatest financial calamity since the Great Depression, then–chief of staff for the Obama administration Rahm Emanuel made the call for aggressive action to prevent a recurrence of the meltdown of 2008. Although the …
by Michael Snyder Even mainstream economists are admitting that economic activity is slowing down. And at this point that fact would be very difficult to deny, because the numbers are very clear. We haven’t faced anything like this in a decade, …
Global Economy Weakest Since Financial Crisis (Bloomberg) — The global economy’s sharp loss of speed through 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago, according to Bloomberg Economics. Its new GDP …
By David Stockman “Don’t Blame The Weather” Trader Warns “It’s Always Been The Economy, Stupid” Overnight headlines from China confirmed the global economic slump as exports crashed, and while excuse-makers are out in force this morning already (as US …
by Mac Slavo of SHTFplan Although many declared the deceleration in the economy in December to be a “soft patch” that we’ve somehow recovered from, others aren’t so sure. The rest of the global economy is slowing down and sinking at a fairly …
by Michael Snyder We now have official confirmation that the U.S. economy has dramatically slowed down. In recent days I have shared a whole bunch of numbers with my readers that clearly demonstrate that a new economic downturn has begun. And even …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Orders for Class-8 trucks – made by Daimler (Freightliner, Western Star), Paccar (Peterbuilt, Kenworth), Navistar International, and Volvo Group (Mack Trucks, Volvo Trucks) – plunged 58% in February compared to February last year, to 16,700 orders, …
Fox Business, Released on 4/25/18 David Stockman appears on “Mornings with Maria” (Fox Business, March 4, 2019) David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, …
Ray Dalio – arguably the most successful Hedge Fund manager & founder of Bridgewater Associates speaks on what will cause the next crash, what are the dangerous for the economy, the main drivers for the next financial crisis (which surely …
China’s superrich are losing their faith in the country’s financial future as fears around the impacts of slowing global trade and slowing economic liberalization cause worry. A new survey found that just over a third of China’s superrich described themselves …
by Michael Snyder 2019 sure has been a weird year so far. On Wall Street, everything has been coming up roses for investors up to this point. Stock prices have risen more than 10 percent year-to-date, and the horrible crashes of …
by sundance The Canadian government shocked the professional financial and economic media with their latest fourth quarter GDP release showing the economy has essentially come to a grinding halt at 0.1% growth. [Compare to U.S. GDP growth of 3%] The Canadian Q4 GDP …
