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Category: Economy

Category:
  • Economy

World stocks hit record high, as sterling endures torrid week

World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years Continue Reading

Posted On : 20 Dec 2019 Published By : Tom Whipple
Category:
  • Economy
  • Germany

German consumer morale darkens heading into January: GfK

The mood among German consumers deteriorated unexpectedly heading into January, a survey showed on Friday, suggesting that household spending in Europe’s largest economy could weaken at the beginning of next Continue Reading

Posted On : 20 Dec 2019 Published By : Tom Whipple
Category:
  • Economy
  • USA

U.S. economy shakes free of recession fears in striking turnaround since August

The U.S. economy is heading into 2020 at a pace of steady, sustained growth after a series of interest rate cuts and the apparent resolution of two trade-related threats mostly Continue Reading

Posted On : 16 Dec 2019 Published By : Tom Whipple
Category:
  • Economy
  • Europe

Euro zone business growth stayed weak in December: flash PMIs

Euro zone business growth remained weak in December, with tepid foreign demand exacerbating a contraction in manufacturing and offsetting a slight pick-up in services activity, although some analysts saw signs Continue Reading

Posted On : 16 Dec 2019 Published By : Tom Whipple
Category:
  • Economy
  • Germany

German economy stagnating despite signs of end to industrial downturn: ministry

 The German economy is more or less stagnating, the economy ministry said on Monday, adding there are initial signs that an industrial recession could be coming to an end as Continue Reading

Posted On : 16 Dec 2019 Published By : Tom Whipple
Category:
  • Economy

Lackluster U.S. retail sales dim fourth quarter economic growth outlook

U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster Continue Reading

Posted On : 14 Dec 2019 Published By : Tom Whipple
Category:
  • Economy
  • USA

Waning Diesel Demand: A Red Flag For The US Economy?

The U.S. economy is decelerating into an election year and could print below-trend growth by 2H20. Manufacturing, employment, and inflation have all been in downturns for one year, hence why Continue Reading

Posted On : 12 Dec 2019 Published By : Tom Whipple
Category:
  • Economy
  • Europe

Euro zone industrial production falls as expected in October

Euro zone industrial production fell as expected in October because of a decline in the output of capital goods used for investment, estimates from the European Union’s statistics office Eurostat Continue Reading

Posted On : 12 Dec 2019 Published By : Tom Whipple
Category:
  • Economy

Recession Ahead: An Overview of Our Predicament

Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil Continue Reading

Posted On : 10 Dec 2019 Published By : Tom Whipple
Category:
  • Economy
  • USA

U.S. Hiring Strengthened in November, Fueling Expansion

The U.S. job market strengthened in November, as hiring jumped and unemployment fell, adding fuel to the economic expansion. Employers added 266,000 jobs in November and the jobless rate fell Continue Reading

Posted On : 7 Dec 2019 Published By : Tom Whipple

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