as you can see the slowdown is broadening pic.twitter.com/ttoLwl2dfU
— Alastair Williamson (@StockBoardAsset) October 16, 2019
“Industrial slowdown is coming India’s way”, Former Prime Minister Dr Manmohan Singh
Watch live on t.co/Fbzw6mR9Q5 and NDTV 24×7 pic.twitter.com/NNXBtWPUMx
— NDTV (@ndtv) October 17, 2019
the 2h19 recovery was a lie by wall street t.co/F9Ia65KpHS
— Alastair Williamson (@StockBoardAsset) October 16, 2019
let the dominos fall pic.twitter.com/ZyFJ1S3q8g
— Alastair Williamson (@StockBoardAsset) October 16, 2019
consumer is hitting the brakes into fall — all the talk of recession and impeachment is starting to damage consumer animal spirits pic.twitter.com/JbJH939PSe
— Alastair Williamson (@StockBoardAsset) October 16, 2019
Recently released Fed data shows significant difference in credit-card delinquency rates between small & large banks… in Q2, delinquent accounts at 100 largest U.S. banks stood at 2.44% vs 6.34% for all other banks @bloomberg @federalreserve pic.twitter.com/ccYEfbl7Lg
— Win Smart, CFA (@WinfieldSmart) October 16, 2019
Weak U.S. retail sales heighten fears over economy t.co/blKkh7BYsd
— M/I_Investments (@MI_Investments) October 16, 2019
$GS : We estimate that 2018 saw peak shale growth,
and expect a rapid slowdown in the next five years pic.twitter.com/L5hBOnr53y— 𝕮𝖍𝖎 🛢️ (@chigrl) October 16, 2019
US Industrial Production Shrinks YoY For First Time Since Trump Elected
…US manufacturing output contracted 0.5% MoM in September (worse than the 0.3% decline expected), likely depressed by an autoworkers’ strike at GM, sluggish global demand, and the trade war.
Housing Starts, Permits Plunge In September
The report reflects some cooling as starts pull back from the best pace since 2007 the prior month.
The World Is Slowing Like in 2008, but Without the Collective Response
India’s Finance Minister warned about a repeat of the 2008 financial crisis in the face of a global economic slowdown, saying that governments had yet to find a synchronized “planned” response to a pullback in major economies.