China car sales, Euro sector balances
by WARREN MOSLER China Total Vehicle Sales Vehicle sales in China tumbled 15.8 percent from a year earlier to 2.37 million in January 2019, following a 13 percent drop in … Read more
Spreading the truth. Empowering the people.
by WARREN MOSLER China Total Vehicle Sales Vehicle sales in China tumbled 15.8 percent from a year earlier to 2.37 million in January 2019, following a 13 percent drop in … Read more
via upfina: The December retail sales report was so terrible that it implies a recession is coming soon if the data is accurate. There’s always a chance the data is incorrect … Read more
by Troy On a slow moving day for the U.S. stock market, today’s big news is that “Retail Sales crashed, just like in 2008/2009!!!”. Financial media jumped all over this … Read more
by WARREN MOSLER Starting to look more like most of the rest of the world: US retail trade fell by 1.2 percent from a month earlier in December 2018, following … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Consumer exuberance maxed out last summer and has since changed direction. The headlines today were all about retail sales that “fell most since 2009,” or as … Read more
Every time retail sales were down 1.5% or more for the last 27 years: 20002001 these years sound familiar?2008 2019 The below is $SPX forward returns after these points Info/chart … Read more
Retail sales drop the most since September 2009 U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a … Read more
by WARREN MOSLER Trumped up expectations fading: Highlights Doubts about future economic growth diminished optimism among small business owners to the lowest level in 26 months, according to the NFIB’s Small Business … Read more
by WARREN MOSLER The ‘labor market’ is not a ‘fair game’ as people need to work to eat, and business only needs to hire if it likes the return prospects, … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Americans love paying big profit margins for big equipment, and automakers love them for it, but total sales are declining, and something doesn’t add up. The … Read more
This is becoming a very big but undisclosed problem. Let’s just pretend that real estate is still affordable and there’s no fraud going on and that the massive debt load … Read more
This article was originally published at Zero Hedge Forget about the automobile industry turning over a new leaf for the new year: the beginning of 2019 has started just as miserably … Read more
Better get ready and fast Macro-Trend Follower. ‏ @macrotrendf Germany retail sales TANKING worst reading since 2007 when the recession hit. @PaulSommerville Germany retail sales fell 4.3% in December. The … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “It’s been dripping down, down, down. Frustrating that the housing market is not recovering”: National Association of Realtors What will home sales look like in January … Read more
by WARREN MOSLER Apple says China sales fell 27% last quarter (Nikkei) Apple’s net sales in greater China, including the mainland, Hong Kong and Taiwan, fell 27% on the year … Read more
Look at this chart: ratio of “present situation” to “expectations” from the Conference Board confidence report. Cut-and-dry sign of a tapped-out consumer. A great leading indicator at turning points because … Read more