Many continue to argue that the rate normalization taking place now will slow business activity in the US. Good luck betting on that however. There is no question that corporate America had benefited tremendously from extraordinarily low rates. Many US…
More evidence is emerging that the US economic activity has slowed recently. In addition to the manufacturing output decline (see Twitter chart) and slower home sales (chart), the latest private payrolls number from ADP now shows a decline in job creat…
This is a syndicated repost published with the permission of Sober Look. To view original, click here. Opinions herein are not those of the Wall Street…
One of the leading indicators analysts often look to in order to understand economic trends is the air cargo volume. For example, according to Reuters, Singapore’s Changi Airport “moved 1.8 percent less cargo in April from a year ago”. That’s a potenti…
This is a syndicated repost published with the permission of Sober Look. To view original, click here. Opinions herein are not those of the Wall Street…
The Goldman Sachs Analyst Index (GSAI) hit a new post-recession low this month. The index is a composite of corporate outlook by industry from Goldman’s company research. In the past, the index generally fell in line with other economic activity indice…
JPMorgan’s near-term global GDP growth projection is lower than the IMF’s. The difference amounts to about 0.5% in growth a year from now.Source: JPMorganHere is how they differ by country. These do not look like material variances, but they matter in …
The UK economy is in a “double dip” recession, with the longest recovery in recent history – and still nowhere close to the pre-recession GDP. The nation was impacted by the US financial crisis as hard as it was hit by the Eurozone contraction.Source: …
Standard & Poor’s said on Monday that India could become the first of the so-called BRIC economies to lose its investment-grade status, sending the rupee…
Businessweek argues that the European crisis is hurting the US economy. It ignores ignores the fact that European capital flight is driving US interest rates…