The U.S. economy grew 2.6 percent in the fourth quarter, down from 3.2 percent in the third quarter, according to the Bureau of Economic Analysis (BEA). This is slightly below the second estimate of 2.7 percent. The real GDP growth …
Nearly all Fed officials saw risks to that already-downgraded forecast as tilted to the downside. via Bloomberg: Federal Reserve Chair Jerome Powell and his colleagues are expecting a sharp dropoff in economic activity through the rest of 2023 — at …
by Shaun Richards One of the reasons I do not look at wage growth in the Euro area more often is that the data available is usually well behind the times. But a research paper from the Central Bank of …
By Charles Kennedy of OilPrice.com Brent Crude prices could jump to well above $150 per barrel if Russia’s oil exports fall off a cliff in the coming months, according to Bank of America. “With our $120/bbl Brent target now in sight, …
Chicago, IL: Unfortunately the really sad news is the robbery rate is increasing across Chicago like in most other metro areas. According to chicagopolice.org robbery is up 17% (2422) when compared from this time last year in 2021 (2063). Moreover …
The chief of the Kansas City Federal Reserve on Monday said the U.S. central bank should raise interest rates soon and pursue a big reduction in its nearly $9 trillion stockpile of bonds. Esther George said the economy is fundamentally …
Latest #centralbank money projections for next year shows sharp slowdown. Not great for #spx and #BTC. Based on announced #Fed taper and partial rebuild of TGA, and ending of PEPP and run-off of TLTRO by #ECB.The 'cliff-edge' may be happening?! …
There are many ways to qualify current economy, a boom is certainly not one. Real GDP growth crashed down to zero or thereabouts in Q3. All measures of Consumer confidence have peaked. 10/30s spreads accelerating ⬇️ . Many important PMI …
Energy prices are surging, and the economy is already feeling the pinch of higher fuel costs though it is far from stalling out. There is an unusual coincidence of much higher oil, natural gas and coal prices, combined with other …
*Global liquidity via central banks has already peaked and now in sharp decline ~ indicating world business conditions and growth to follow downwards The rate of change is what matters – thus w/ liquidity in steep decline = increasing …
Repeat after this sharp woman … NO! pic.twitter.com/pjLfmpxHOO — Red Walrus (@_RedWalrus_) August 4, 2021
http://www.fao.org/worldfoodsituation/foodpricesindex/en/ The FAO Food Price Index (FFPI) averaged 127.1 points in May 2021, 5.8 points (4.8 percent) higher than in April and as much as 36.1 points (39.7 percent) above the same period last year. The May increase represented the …
By Julianne Geiger The the number of active oil and gas rigs fell sharply in the United States this week according to Baker Hughes, bringing the overall rig count below year-ago levels in a rare first not seen in years. …
via Zerohedge: According to the Netherlands Bureau for Economic Policy Analysis (CPB), world trade plunged to its weakest levels not seen since the financial crisis. The report published last week shows world trade expanded by 2.3% in January after the index tumbled …
buy bonds, sell stocks, recession fears still linger pic.twitter.com/HnkQHlTkfz — Alastair (@StockBoardAsset) March 26, 2019 Consumer Confidence Crashes Most Since Oct 2008 After a hope-filled rebound in February, Conference Board Consumer Confidence tumbled in March with Present Situation plunging to 11-month …
Given the sharp slowdown in credit card transaction data, safe to say that retail sales will miss to the downside. $TLT $SPX pic.twitter.com/vHZErtjEE3 — Teddy Vallee (@TeddyVallee) January 29, 2019 Retail sales from First Merchant not looking great. pic.twitter.com/uK2BbC3tCd — …
From By Javier Blas and Tina Davis via Bloomberg: After flooding the U.S. market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in …
By Harry Dent I’ve warned for years, and with increasing frequency of late, that the first crash when a major stock bubble of this magnitude finally tops is 42% in the first 2.6 months. That’s the average of seven bubble …
This article was originally published at Zero Hedge Stock buybacks may be back as blackout session ends, but suddenly companies’ appetite to repurchase their own shares appears to be slowing sharply. After an initial record surge in the amount of US …
by Troy After a rapid drop last month, the U.S. stock market has bounced over the past 3 days. The S&P’s most likely target for this bounce is its 200 day moving average. Let’s analyze the stock market’s price action …
https://twitter.com/StockBoardAsset/status/1026171612507320320 https://twitter.com/StockBoardAsset/status/1026473498691203072
via talkingpointsmemo: Trade Secretary Liam Fox told the Sunday Times newspaper that “intransigence” by EU officials “is pushing us towards no deal.” He put the chance of Britain crashing out without a deal at 60 percent. Britain and the EU say …
Jim Mellon talks the possibility of a trade war from CNBC. via CNBC: A market correction is inevitable even without trade war fears, billionaire investor Jim Mellon told CNBC’s “Worldwide Exchange” on Tuesday. Mellon is not alone in suggesting …