China’s economy weakened further in July
China’s economy weakened further in July, early indicators show Chart: China’s currency continues to slide and Eurozone: Consensus for growth and inflation show risks ahead
China’s economy weakened further in July, early indicators show Chart: China’s currency continues to slide and Eurozone: Consensus for growth and inflation show risks ahead
Durable goods disappoints, the people were not purchasing the big ticket items. Spending on homes dropped, existing, new home purchases declined at a time in the summer when they are suppose to be doing well. The bubble is popping, traffic …
With borrowing costs rising and effects of tax cuts set to wear off, a shock could push the most vulnerable over the edge, and take the recovery with them via Jonathan Spicer By almost every measure, the U.S. economy is booming. …
The EU Parliament released a new study on Central Banks and digital currencies. From this report it looks like the central banks are making a push into cryptocurrencies. Central banks are pushing very hard to move into the crypto realm …
by John Rubino For maybe the best example of how financial trends are diverging at the opposite ends of the wealth spectrum, contrast the cash flowing into the accounts of the already-rich with the debt accumulating in the accounts of …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter At least one of them is very wrong: Atlanta Fed GDPNow v. New York Fed Nowcast. On July 27, the Bureau of Economic Analysis (BEA) will release its “advance estimate” of GDP growth for the second …
by Michael Snyder Seven times since the 1960s we have seen the yield curve invert, and in each of those seven instances an economic recession in the United States has followed. Will this time be any different? Today, the yield curve …
by David Haggith Economic cracks big enough to drive a car industry into are opening up all over the globe. Trade gaps are opening up between major allies. Widening spreads between the dollar and other currencies are shredding emerging markets. As …
via Amy Ganz Renowned Harvard professor and economist Martin Feldstein said the Federal Reserve would not be prepared if a recession were to occur soon. Feldstein told FOX BusinessOpens a New Window.’ Maria Bartiromo during an interview on “Mornings with MariaOpens a …
via Michelle Jamrisko Officials gathering for Group of 20 meetings in Buenos Aires this weekend will have plenty more crisis fodder than Lionel Messi’s World Cup performance to gab about. We heard growing fears this week that a downturn might be brewing from various corners of …
Fox Business, Released on 7/19/18 Brandywine Global Portfolio Manager Jack McIntyre, former Dallas Fed adviser Danielle DiMartino Booth and former Paul Ryan Chief of Staff David Hoppe discuss concerns regarding how tariffs could affect the economy with midterm elections coming …
It demonstrates conclusively that the economy died in 2008, less government spending. This is essentially a #Depression It is estimated the OVER 1/3 OF #GDP is government spending. IN AN EXPANSION. WHERE IS THIS GOING NEXT #RECESSION?
by Michael Snyder The trade war has barely just begun, and yet significant ripple effects are already being felt all across the U.S. economy. Once thriving businesses are on the verge of failure, workers are being laid off, and some …
by BR-Technicals Keeping an Eye on China Key Points China is the world’s second largest economy after they had their own industrial revolution. The economy is run by the government through their “5-Year Plans.” Chinese stocks may be signaling …
by stockboardasset The Treasury yield curve gets flatter every day, and some strategists expect it to invert, meaning short end yields, like that on the 2-year note, could rise above longer duration yields, like the 10-year. A flat curve is the …
The housing crisis in Australia is being exposed, it is much worse than everyone thinks. The economy is not improving, real wages are now stagnant for 2 months in a row, we are at the end of the central banking …
The Manhattan bubble is popping, foreign investment is being redirected, the real estate crisis has begun and it will spread. Global debt has hit an all time high and it is getting worse. The rate at which debt is rising …
by Bill Bonner POITOU, FRANCE – Investors chose to look at the half-full part of the glass yesterday. Our suggestion: They should look more closely. Empty Part In the empty part of the glass were the trade war… the deficit… the …
by Chris Vermeulen of The Technical Traders Recently, quite a bit of news has been originating from Malaysia, China and other areas of South East Asia. Much of it is concerns with multi-billion dollar projects and excessive corruption and graft. Malaysia is taking …
via upfina: The US economy continues to outperform the rest of the world despite the fear of trade wars and with weakness in emerging markets and Europe. The chart below, using Haver Analytics data, gives an example of the stupendous U.S. growth. Source: Haver Analytics The …
The UK is going through some pain after Davis and Johnson resigned, now there are more that are resigning because the Brexit is fixed. The US government reports that there are many job openings, this entire idea that there are …
planning to shift all Argentine debt to US dollar-denominations Roit-erz: “Argentina next week will issue dollar-denominated, 210- and 378-day Treasury notes and dual-currency bonds, the Finance Ministry said on Friday, without confirming the amount the sale seeks to raise. The …
Crush The Street, Released on 7/7/18 TOPICS IN THIS INTERVIEW: 01:15 Assessing the economy and the potential for a recession 10:15 An economy running on an artificial stimulus 17:55 Is there a rise of socialism through artificial intelligence? 25:05 Maximizing …
by Michael Snyder Nothing is going to be the same after this. On Friday, the United States hit China with 34 billion dollars in tariffs, and China immediately responded with similar tariffs. If it stopped there, this trade war between the …
From Brandon Smith Years ago when analysts first started to use the term “globalist”, there was an immediate recognition among liberty advocates as to who they were referring to. This was back when the movement for small government, the non-aggression principle, …
Josh Sigurdson talks with author and economic analyst John Sneisen about the crippled Argentina economy as the Peso recently hits a new low record low… At least since the last peso hyperinflated and created less than 2 decades ago. The …
Economist Peter Zeihan lays out the coming global financial and potential war scenarios with succinct clarity: AC
The property bubbles in Australia and Canada are now popping, this will spread and cause problems in other countries. US manufacturing slumps as orders decline. The US has shipped the majority of manufacturing overseas, it will take time to bring …
by David Haggith First I said I believed the US stock market would plunge in January, but I also said that January would not be the biggest drop, but just the first plunge that begins a global economic collapse: the big trouble for the economy and the …
Everything comes with a price tag. Yes, the weather and air quality, too! Research led by NCAR (National Center for Atmospheric Research, states that every sector of economies such as agriculture, manufacturing, and finance is very sensitive to the changes …