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By Tsvetana Paraskova Saudi Arabia’s economy is expected to grow by 1.9 percent this year, the International Monetary Fund (IMF) said on Monday, revising down its forecast of 2.2-percent growth from just … Read more
Pantheon sees #China 2019 growth way below official Beijing GDP propaganda of 6.1%. Believes full year 2019 growth was sub-5% (4.5%). pic.twitter.com/no6pzlBOy0 — Holger Zschaepitz (@Schuldensuehner) January 19, 2020
A friendly reminder as bank earnings season gets underway. C&I loan growth has sunk into the red at the largest banks. If everything is awesome, why the closed balance sheet? … Read more
By Tsvetana Paraskova This year, Chinese crude oil demand growth could be just half of the estimated growth for 2019, and the lowest growth pace since the financial crisis in … Read more
via quillette Until just a few years ago, the need for economic growth to sustain societies was almost universally acknowledged. This was not just gospel on the free-market Right. Whatever its … Read more
China’s conundrum. US real GDP growth now outpacing China’s for the first time in 24 years. This is awfully damaging for Xi Jinping’s political image. The Chinese economy is hitting … Read more
by UPFINA The decline in the trade deficit in November is a huge deal. The deficit fell from $46.9 billion to $43.1 billion which was the narrowest deficit since October 2016. … Read more
by Econimica 2019 was another “rung” in the ongoing bull market. The trifecta of a resumption of QE, interest rate cuts, and a flood of federal debt coupled with ongoing stock … Read more
By David Stockman New Federal Reserve data shows commercial and industrial loan growth weakened in 2H19, an indication the industrial recession continues to plague the overall US economy. C&I loans rose 1.6% … Read more
by Shaun Richards 2020 has only just begun to borrow a phrase from The Carpenters but already the pace has picked up. Should the oil price remain above US $68 … Read more
By Tsvetana Paraskova Natural gas consumption in China rose by 4 percent year on year in November 2019—a much slower growth pace than the 20-percent rise in November 2018, in … Read more
earnings growth collapsed – basically all the fiscal injections and frontloading, or basically let's call it a sugar high – is over – that's why trump admin has been begging … Read more
c&i loan growth y/y tumbling towards zero amid industrial recession pic.twitter.com/5B5DBt6xBp — Alastair Williamson (@StockBoardAsset) December 29, 2019 The U.S. 2-10s yield curve has steepened to the widest since October … Read more
the only problem: if growth doesn't turn up – fed lets off on monetary accelerator in early 2020 – and equity prices remain at lofty levels – the market will … Read more
The Russian Central Bank’s gold bullion stockpile continued its record growth this year, climbing to well over 2,600 tonnes, as the country continues its push to steer its international reserves … Read more
By Harry Dent The central banks’ job of keeping this big, fat ugly bubble going is just going to get harder. Not only are they fighting record debt and falling demographictrends … Read more