by BoatSurfer600 Today’s data dump further confirms that the growth prospects are deteriorating. The Euro Area industrial production, led by Germany, fell more than expected as economic activity plunged. The economy is feeling the heat of higher rates, and a …
by BoatSurfer600 China's real estate investment fell 7.4% y/y in Jan – Aug, vs 6.4% drop in Jan-Jul pic.twitter.com/RZzsFpUCtu — Cathy Yuan Zhang (@CathyYuanZhang) September 16, 2022
via Bloomberg: While the Chinese state plays a role in steering the currency, economic trends are far more important. No wonder pessimism is ruling the day. China’s economy is faltering and so is its currency. The yuan’s drop to a …
Emerging markets credit crunch around the corner https://t.co/72RQpWDSbF — Alessio (@AlessioTMAD) July 20, 2022 The contagion of liquidity crunch Caixin pic.twitter.com/8AIZivyK2i — Alessio (@AlessioTMAD) July 21, 2022 Emerging markets performance worst since Asian financial crisis pic.twitter.com/oRLg9cIBQc — Alessio (@AlessioTMAD) July …
by Martin Armstrong Sri Lanka has defaulted on its debts for the first time in its history. It has faced an economic and political crisis triggered by global shock waves from the pandemic and the war in Ukraine. Inflation has …
by Michael A very alarming global food shortage has already begun, and it is only going to get worse in the months ahead. I realize that this is not good news, but I would encourage you to share the information …
https://www.youtube.com/watch?v=tfwLmU2I6W8 -While the world has been obsessively focused on crude oil and gasoline in recent weeks, we instead alerted readers to a far more dire scenario playing out in diesel, a source of energy which is absolutely critical in keeping …
Twitter announced that it was monitoring “emerging narratives” about the Ukraine war that will be censored if they represent a violation of the company’s policies. The announcement was made in response to Twitter deleting tweets and suspending accounts that had …
Image source: DepositPhotos. Late January of 2022 has seen one of the largest crypto-crashes in recent history. With cryptocurrencies like Bitcoin and Ethereum having lost around 45% since all-time highs, many are flocking to the markets to cash out in …
BY JOHN RUBINO Most of us own too much unnecessary stuff and have borrowed waaayyy too much money to buy said stuff. Meanwhile, all that debt is boosting inflation, making things that actually matter harder to afford. But free people have a …
Credit card debt is a serious issue today as it has surged at a record pace. Inflation is everywhere today! Real estate continues to increase in price right now as we see low interest rates keep this going. There is …
A specter is now haunting the emerging market economies. It is the specter of U.S. economic overheating that will raise interest rates and provoke a major reversal of capital flows from the emerging market economies. Any such capital flow reversal could have serious untoward consequences …
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. UBS has alerted that Spanish banks’ outsized exposure to Latin American markets could serve as a source …
via visualcapitalist: The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter These unsettling tidbits about sudden problems on the demand-side in China. Imports by China and other emerging Asian economies in December plunged to the lowest level in two years, in the steepest one-month plunge since 2008, …
by Frank Holmes, CEO, U.S. Global Investors Last year was admittedly a tough one for emerging markets. A number of currencies were under considerable pressure, with some of them falling to record or near-record lows against the strong U.S. dollar. …
via NYT: KADI, India — Vikram Singh is accustomed to life under the tyranny of elements he cannot control, from rains that do not fall to insects that tear at his crops. Lately one unchanging trouble is plaguing his family …
via project-syndicate: A decade after the subprime bubble burst, a new one seems to be taking its place in the market for corporate collateralized loan obligations. A world economy geared toward increasing the supply of financial assets has hooked market participants …
via Christopher Anstey Morgan Stanley sees the U.S. economy in a sharp slowdown next year, along with a pick-up in global inflation that keeps monetary tightening intact. For investors, that means get out of credit, stock up on cash and head …
by AlexPitti The October industrial production report was positive as industrial production growth was 4.1% year over year and manufacturing growth was 2.7% year over year. Both hit a 10 year high. About 70% of industrial production growth was due to oil …
https://www.youtube.com/watch?v=MY6FQCuwcfc On Episode 42 of the Stansberry’s Investors Marketcast, your hosts begin by recapping last week’s selloff. John talks Apple’s production cuts, and why it weighed on tech. Oil continues to fall, marking its sixth straight down week. John and …
https://i.imgur.com/trYzI90.png Above is a quick chart of the returns of $SPY, $EEM, and $EFA, using Portfolio Visualizer. It’s just mind-boggling that the equity prices of the emerging markets could shoot thru the roof in the 2000s while that of the …
by Thinker Rep. Trey Gowdy: ‘Really bad facts’ emerging about DOJ, FBI, and now most Americans know the “TRUTH” and Gowdy was right. Trey Gowdy one of the best politicians on Capital Hill exposed corruption as soon as he got …
By Harry Dent The 2008 financial crisis was well overdue, what with predictably slowing demographics, especially in the U.S. at first, and an unprecedented debt bubble in the developed countries. The trigger was the subprime crisis – a small, but …
What do you think will ultimately be the TRIGGER event? Emerging markets are seemingly never letting up. The weakness prevails and could easily spill over into the more developed nations. With weak currencies, commodities such as oil become very expensive. …
via @OccupyWisdom: https://twitter.com/OccupyWisdom/status/1046595330131861504 https://twitter.com/OccupyWisdom/status/1046595336045826048 https://twitter.com/OccupyWisdom/status/1046595342790250496 https://twitter.com/OccupyWisdom/status/1046595349417271296 https://twitter.com/OccupyWisdom/status/1046595368841093120 https://twitter.com/OccupyWisdom/status/1046595385865785345 Bonus: Your Central Bank Can’t Save You Next Time Bloomberg–7 hours ago Unless there can be an adult conversation in America over negative interest rates — the counterintuitive idea of borrowers getting paid and savers …
https://www.youtube.com/watch?v=sxLQQrnIbWE After another positive week for equities, John recaps the winners and losers, from telecom, energy, tech, and industrials’ strength to the surprising weakness of big banks, thanks to a spike in the 10-year Treasury yield, and a last week …
by Jody Chudley via Daily Reckoning In early August, I wrote about how one of the best hedge fund managers of the past twenty years has put a staggering 40 percent of his fund into stocks in India. That isn’t just a bold …
