Eurozone Job Market Cools, Putting Economic Recovery in Peril
For the European Central Bank, a softening job market might also kill off its already distant hopes of lifting inflation to its target of just below 2%. And for the Continue Reading
For the European Central Bank, a softening job market might also kill off its already distant hopes of lifting inflation to its target of just below 2%. And for the Continue Reading
Meanwhile, manufacturing activity in Europe contracted in June, wrapping up the weakest quarter for the goods-producing sector in six years, IHS data showed Friday. A similar survey of Japanese manufacturers Continue Reading
Europe has suffered the sharpest turnaround, and there is little relief in sight, according to a June survey of purchasing managers conducted by data firm IHS Markit that was released Continue Reading
In the last 100 years, multiple factors were in play to ensure economic growth. Those factors are disappearing quickly. Returns will be much smaller going forward. The world economy has grown tremendously Continue Reading
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a Continue Reading
President Trump decided to open up yet another front in his trade war, this time turning his sights on Mexico. Trump took to twitter on Thursday to announce a 5 Continue Reading
If you want to identify tomorrow’s superpowers, overlay maps of fresh water, energy, grain/cereal surpluses and arable land. The status quo measures wealth with “money,” but “money” is not what’s Continue Reading
Declining output of cars and machinery led U.S. factory production to fall unexpectedly in April, a sign the economy is losing a step as a trade war with China intensifies. Continue Reading
More than a year ago, U.S. shale producers started to realize that investors were getting impatient about meager returns from the industry that was pumping record volumes of oil without Continue Reading
Less than a month ago in the imposing setting of the IMF’s HQ2 building in Washington DC, Gita Gopinath, its new chief economist, had a bleak message for the world. Disappointing Continue Reading