Unfortunately, the longer the current bull market remains intact, the more pain will be felt on the downside once the trend changes.
The Glencore stock price was extremely volatile again today (Thursday) as investors remain concerned about the company’s health and its industry prospects.
The Atlanta Fed’s GDP NOW real-time measurement just fell to 0.9%.
September layoffs surged as U.S.-based employers announced plans to slash 58,877 jobs.
We haven’t yet seen the Donald Trump trade plan in written form, as we have with his tax plan, but the front-runner for the Republican presidential nomination has said a lot about what he wants to do.
Debt, not equity, is the real China Fault Line, even if tremors are rocking its stock markets:
Bloomberg’s @M_McDonough just posted a fresh chart for major global stocks indices rebased to the start of 2015:The scary bit is that this is in own-currency terms and that the rot is well beyond the EMs and China.
Russia’s manufacturing PMI released by Markit showed slower rate of decline in the sector activity in September, rising to 49.1 from 47.9 in August.
Latest Manufacturing and Services PMI data for China posted a strong signal of continued deterioration in the economy.
The great irony is what’s unsustainable melts into thin air no matter how many people want it to keep going.Disagreement is part of discourse, and pursuing differing views of the best way forward is the heart of democracy. Disagreement is abundant…