Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is one of the most cyclical industries, with legendary boom-and-bust cycles: Orders for Class-8 trucks plunged 67% in March compared to March last year, to 15,200 orders, the lowest March for orders since 2010, according …
-25%, $2.4T Lost: The Worst-Performing Stock Market in the World for 2018? China Shanghai Composite Index is a quarter down from start of 2018 Trade war, slowing economy and deleveraging have hurt stocks China Stimulus Is Not A Catalyst China …
via NZ Herald: The underlying economic troubles in emerging markets surfaced recently with Turkey, Argentina and India making headlines as their markets tumbled. Meanwhile, trade tensions between China and the United States have brought an even more cautious tone across international …
Companies splurge on the largest container ships, consolidation rages, no one wants to back off. By MC01, a frequent commenter on WOLF STREET: In August 2016, Hanjin Shipping Co., at the time the world’s seventh largest container carrier, sought bankruptcy protection. It …