Dalio Warns: A Bond ‘Blow-Off’ as a Repeat of the Late 1930s Depression Era Looms August 30, 2019 by IWB via CNBC: Hedge fund kingpin Ray Dalio is warning that current conditions remind him of the Depression-era environment. He cited three factors: Ineffective central banks, high levels of debt and the […]
Consumers are worried about trade, and that’s a bad sign for the economy By Anneken Tappe, CNN Business Updated 1:58 PM ET, Fri August 30, 2019 New York (CNN Business) Americans are growing more concerned about the trade war, and that’s bad news for the economy. One-in-three consumers is worried […]
Business as Usual?: Eurozone suffering from ‘tremendous accumulation’ of debt, warns outgoing ECB policymaker (Same could be said for the US). What happens when the debt bubbles pop? The Telegraph. August 30, 2019. “Tremendous” debt levels pose a major challenge to the eurozone and its economic policymakers, top European […]
Business as Usual?: U.S. farmers are exasperated by latest trade war moves: ‘Another nail in the coffin’ Adriana Belmonte Associate Editor Yahoo Finance•August 5, 2019 Trade tensions between the U.S. and China are flaring once again, and American farmers continue to bear the brunt of the implications. In response to […]
Business as Usual?: U.S. 30-year bond yields hit record low, curve inversion grows By Richard Leong. Reuters•August 28, 2019 NEW YORK (Reuters) – U.S. Treasury debt yields fell on Wednesday, with 30-year yields setting all-time lows, as fears about a recession and trade tensions between China and the […]
Brexit escalation raises alarm for ailing European economy CARLO PIOVANO. Associated Press•August 29, 2019 Europe’s Brexit drama is hurtling toward a new climax at the wrong time for the region’s economy, threatening to sow chaos for businesses just as a large part of the continent is sliding toward […]
Business as Usual?: A Reckoning over Hong Kong Is Coming and It Will Take China’s Economy with It Carlos Roa. The National Interest•August 29, 2019 The protests and Beijing’s pressure could destroy Hong Kong’s special place in the global and Chinese economies. A Reckoning over Hong Kong Is […]
Business as Usual? US Farmer: “He took away all of our markets.” U.S. soybean exports to China were down 98%. Adriana Belmonte Associate Editor. Yahoo Finance•August 25, 2019 As the 2020 presidential election inches closer, all eyes are on whether key swing states will continue supporting President Trump amid the painful U.S.-China […]
Business as Usual?: U.S. yield inversion deepens, stokes recession fears Reuters•August 27, 2019 NEW YORK (Reuters) – The U.S. yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall Street and stoked even more […]
