Just call it another casualty of the trade war.
Category: economy
Albert Edwards To America On Thanksgiving: Japanification Is Right Around The Corner
“But what if the reverse happens?”
MAGA Economy Is Healthier Than We Thought. Kinda, Sorta, Maybe.
Curb your enthusiasm (assuming you were enthusiastic).
PPI Deflation Bites In China, As Industrial Profits Sink Most On Record
Entrenched PPI deflation took a toll on profits for industrial enterprises in China last month,
Why One Bank ‘Remains Resolutely Pessimistic’ About 2020
If they’re right, they will look like geniuses.
Hong Kong Exports Have Now Declined For A Dozen Straight Months. Trump Blamed
Make global financial hubs miserable again!
All Smiles For Risk Assets In New Week – So Far
A lack of violent protests and some conciliatory language around IP theft is all it takes to keep the good vibes — err — good.
A Subtle Reminder About Republicans, Democrats, The S&P 500 And Deficits
Is it really a Democrat market participants should fear?
MAGA Economy Hanging In There, But Hardly Blowing The Doors Off, November PMIs Show
Not terrible, but not “great” – “again” or otherwise.
Europe’s Economy Flatlines For 3rd Month As Feeble Bounce In German Factory Activity Overshadowed By Services Spillover
“The ongoing decline nevertheless represents the worst spell of demand since mid-2013”.
Don’t ‘Cry Wolf Prematurely’: Goldman Delivers Global Growth Outlook, Best Trade Ideas Headed Into 2020
There’s “career risk” involved in making recession the baseline.
‘We Are Heading For A Long-Term Future Of Declining Living Standards’: OECD
“The alarm bells are ringing loud and clear.”
And Now, For Another Dismal, Depressing, Dreary Projection Out Of Germany…
The accompanying report is all kinds of foreboding.
‘This Would Very Likely Mark The End Of The Expansion’: Some Trouble With The Curve
The read-through for corporate profits is clear – and somewhat dour.
Dear Peasantry: Give Trump Back The House And He’ll Give You ‘Very Major Middle Income Tax Cut’
“That’ll be subject to taking over the House”.
MAGA Manufacturing Renaissance Stuck In Neutral, As ‘Sluggish’ Empire Gauge Meanders To A Miss
Optimism is “restrained”.Â
‘A Very Severe Blow’: Hong Kong Careens Towards First Annual Recession Since Crisis
You can’t paper over anarchy with fiscal measures.Â
Germany Just Dodged A Recession. And That Means You Can Kiss Your Fiscal Stimulus Hopes Goodbye
The “black zero” fiscal policy is likely to hold.
China’s October Activity Data Misses Across The Board, While Japan’s Economy Decelerates Sharply
More uninspiring (and unwelcome) data to undermine the optimism.
Mixed CPI Report Leaves Powell With Blank Canvas In Congressional Hearings
That could be good or bad.
Trump Has Larry Kudlow Working On Plan To Cut ‘Middle Class’ Tax Rate To 15%: Report
A “simple tax message” he can campaign on.Â
‘Gimmie Some Of That’: Trump Says ‘Smart People’ Clap For Negative Interest Rates
“I want some of that money”.
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