China slowdown is evident. Nothing to do with trade wars. All to do with debt saturation Chinese junk bonds, the biggest component of Asian high yield, surpassed 10 percent on Friday for the first time since 2015.
Global Slowdown Becoming Evident Credit card interest rates are flying higher…. 2nd highest level since May 2001… Total revolving credit – new record high. In the words of Bob Dylan: The personal interest payments they are a’ rising I sense …
Summary via Alan Longbon China is undergoing a self imposed slowdown. The current account had declined and actually moved into deficit. Credit creation by banks and the government has been shutdown and effectively not added to the stock of money in …
Global trade frictions expected to amplify financial volatility, State Information Centre says via RTRS The official China Securities Journal quoted the State Information Centre (SIC) as saying the Chinese economy was likely to experience a mild slowdown in the second half of …
via ECRI ECRI’s U.S. Weekly Leading Index (WLI) decreased to 147.4 from 148.1, while the WLI growth rate edged down to 2.2% from 2.8%. For more on the cyclical outlook, please see below for other forward-looking ECRI data shared publicly: …
Global Manufacturing PMI New Exports Orders fell for the 5th month in a row to 50.5 (23-month low), suggesting that global trade growth will slow in the coming months. *Link: https://bit.ly/2NmvAFZ World stocks in the red, and offshore Chinese yuan …
via WAINE VAN VUUREN Despite the U.S. leading economic indicators appearing healthy, the global economy appears to be headed for a slowdown, with only 34% of the 40 countries we track having leading economic indicators (LEI’s) signalling growth ahead, and the …
"Eurozone Slowdown Is More Evident Every Month," h/t @dlacalle_IA pic.twitter.com/YLoy1UXPre — Alastair (@StockBoardAsset) May 30, 2018 only €48 Trillion in derivatives https://t.co/Om82NlwKzj — zerohedge (@zerohedge) May 30, 2018 A Few Italy Headlines Italy could be the next Greece — only much …
"Global Slowdown Is Evident.In the Eurozone Data Weakening Is More Pronounced… Some Blame the Weather. More Likely Debt Saturation and Loss of Stimulus Placebo Effect," h/t @dlacalle_IA pic.twitter.com/Q0hr6Ev2TX — Alastair (@StockBoardAsset) May 10, 2018 "China export of inflation is over …
via Danielle Park The Atlanta Fed is out today with its latest mark down in the US GDP growth estimate for Q1 2018: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2018 is 1.9 …
by Daniel Carter After the sharp selloff in stocks in February, much has been said about a potential recession and stock market crash. Although these events are very difficult to predict, certain indicators are telling us that the next economic slowdown …
via Markit Summary Global PMI signals weakest economic growth rate since November 2016. Broad-based slowdown among major countries. Eurozone sees strongest growth, though US closes the gap. Price pressures remain close to seven-year high. Global economic growth slowed sharply to …
by FS The following is a summary of our recent podcast, “ITR’s Alan Beaulieu on Second Half Slowdown, 2019 Recession,” which can be accessed on our site here or on iTunes here. Since the release of Prosperity in an Age of Decline in 2014, Dr. Alan …
via Stephanie Landsman A Wall Street veteran is going against the market consensus by sharpening his economic slowdown call. The Economic Cycle Research Institute’s Lakshman Achuthan is citing troublesome activity brewing in the quality spread between junk bonds and corporate debt. It’s suggesting …
from Bloomberg: Market-oriented economies such as the U.S. are inherently cyclical, and there are warnings of a cyclical slowdown in 2018. Yet this view is at odds with the increasingly optimistic consensus that economic momentum, turbocharged by President Donald Trump’s …
Authored by Sven Henrich via NorthmanTrader.com, Many of you know I keep posting charts keeping taps on the macro picture in the Macro Corner. It’s actually an interesting exercise watching what they do versus what they say. Public narratives versus reality …
By Michael Snyder Don’t worry – even though the employment numbers are terrible the mainstream media insists that everything is going to be wonderful for the U.S. economy in the months ahead. According to the Bureau of Labor Statistics, the …
By Michael Snyder Since the election there has been this perception among the American public that the economy is improving, but that has not been the case at all. U.S. GDP growth for the first quarter was just revised up …