The latest employment statistics from the Office for National Statistics published today reveal the sharpest increase in redundancies in the country since 2009. The figure of 156 thousand represents an increase of 58 thousand year-over-year and one of …
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Many developing nations in the East Asia/Pacific region will take a major hit economically due to the coronavirus outbreak, but some are also expected to finish off 2020 escaping negative GDP growth. According to a report by the Asian Development Bank …
At 5:30 AM in New York, the ES has turned up, broken out, and reached resistance.
A small TIPS purchase.
COVID-19 restrictions are continuing to take a substantial toll on economies across the world. While few countries are providing monthly metrics on how their GDP is recovering from lockdowns in March and April, Norway and the U.K. show how the massive …
The global battle about who will deal with the world’s trash is raging on. After China banned the import of plastic waste in 2019, other Asian countries have expanded into the sector that carries the inherent risk of air, land and maritime pollution. W…
The economic rebound from the depths of the pandemic panic in April and May has ended. The economy may be rolling over again. Bad news for workers and consumers, but not necessarily for investors.
The US Government did no pandemic relief spending in August, and none is on the immediate horizon. Despite that, the monthly budget deficits are freaking enormous and frightening.
Tax receipts are weak and they will provide no relief from those deficits. The US Treasury will continue to borrow massive amounts of money in the markets.
Sounds like bad news for the stock market, right?
Eh, not quite. Here’s why.
The coronavirus pandemic aided or at least coincided with a high demand for videosharing app TikTok in app stores around the globe. Analytics platform Airnow Data counted almost 76 million monthly downloads in March of 2020 and a still respectable 44.6…
Germany, Japan and China are the countries in the world which export much more than they import (in monetary terms) and they are receiving lots of criticism for it. China, which exports electronics and metals but also cheap consumer goods, is embroiled…