‘Goldilocks’ Is Dead: Say Hi To The ‘Synchronized Global Slowdown’ Meme

‘Goldilocks’ Is Dead: Say Hi To The ‘Synchronized Global Slowdown’ Meme

"Changes are happening in economic situations and downward pressure is increasing", a statement from the Politburo meeting chaired by Xi Jinping on Wednesday reads. What's needed, the committee reckons, are "timely steps" to stave off the worsening economic slowdown. On Wednesday, markets received a slew of economic data to support the notion that the era of "synchronous global growth" is over. China's official PMI data missed across the board, with the factory gauge barely hanging on in expan
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2 thoughts on “‘Goldilocks’ Is Dead: Say Hi To The ‘Synchronized Global Slowdown’ Meme

  1. Delusional Don (contrary to his boasts) does not know more than the Fed etc. His econ policies are moving in different directions bumping into themselves. I believe we will see the fruits of his efforts in 2019 with the beginning of a recession. Of course he will have the Dems in the House to blame as he will never take responsibility for his failed and clueless economic policies.

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