It’s not terrible. But it’s not “great” – “again” or otherwise.
Category: economy
In Latest Dour News, European Confidence Dives As Industrial Recession Bites
Hold your breath for fiscal stimulus.
The US Economy Is Good, Bad And Ugly
The US economy has peaked and nonfarm payroll growth is set to slide, says possibly spurious conjecture.
Another Growth Scare? From France To South Korea To Down Under, Fresh Data Paints Dour Picture
We’re not out of the dark woods yet.
‘Simply Awful’ German Factory Slump Spills Over, As Economy Careens Towards Recession
“All the uncertainty is paralyzing order books”.
Asset Prices Say US ‘Less Than A Month’ Away From The End Of Cycle, Model Shows
The end is nigh for the US, according to one bank.
Germany’s Sacred ‘Black Zero’ Survives Climate Plan, As Fiscal Stimulus Hopes Still Remote
Maybe an outright, broad-based downturn would be more compelling.
Fate Of The Universe Now Hinges On Germany, $683 Billion In AUM Says
Loosen the damn purse strings.
‘Insidious’ Trade War Has ‘Destroyed Growth In International Trade’, OECD Chief Economist Fumes
“When companies do not know what tomorrow will bring, they exercise their ‘wait-and-see option”‘.
OECD Calls For ‘Urgent’ Action As Growth Outlook Slashed To Weakest Since Crisis
The trade war is “jeopardizing our economic future”.
China Posts Huge Industrial Production Miss, As Rebound From 17-Year Low Fails To Pan Out
The market could have done without this.
Consumer Expectations For Rate Cuts Highest Since GFC As Trade Worries Persist
“These expectations are likely to diminish the impact on spending from a quarter-point rate cut”.
Jeff Gundlach Is ‘On Recession Watch’, Sees 75% Chance Of Downturn Before Election
“We’re getting closer but we’re not there yet”.
If You’re Looking For Inflation, Health Insurance Costs Are Rising Faster Than Ever
Also, core prices are up and wages are rising, putting the Fed in a box.
Trump, Economic Team To Meet On Capital Gains Tax Cut, Which Would Hand $100 Billion To The Rich
It has the support of Larry Kudlow, Stephen Moore and anybody who owns a lot of stock.
German Economy To Enter Recession This Quarter As Trump ‘Poisons’ Investment: IfW
“The German economy is facing one of the weakest years since the financial crisis”.
Here Are The States At The Highest Risk Of Recession
Hint: Michigan may be in trouble, and it’s a battleground state.
Six In 10 Americans Say A Recession Is Likely Within The Next Year
Yet another blow to the MAGA “miracle” narrative.
Yes, Maria Bartiromo, Steve Mnuchin Actually Can Lie About The Economy, Thanks For Asking
“Can you really say that”?
‘Less Growth, More Inflation’: Goldman Sees Stagflationary Trend For Trump’s Economy
“The tariffs are about to show up more clearly”.
China’s Export Machine Slams Into Reverse In August Amid New Trade Threats
We’re going to need more easing.
On One Read, Stocks And Credit May Be Perilously Disconnected From Economic Reality
The glass-half-empty take.
Powell Delivers Acceptable Performance In Zurich: Highlights
“We don’t have groupthink on the FOMC”.
Not Goldilocks: Jobs Report Misses, Wage Growth Comes In Hot
Disappointing headline and hot wage inflation.

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