Technicals can be rationalized as a combination of artistry, technology and pattern recognition.
We do not believe the global headwinds to prosperity will be eliminated by a rollback of tariffs between the United States and China.
Is it possible that low interest rates are driving deposits out of banks and into cash? If so, what does it mean for the banking system?
China’s economy doesn’t need stimulus to offset the impact of the U.S. trade war. The bigger threat: African swine fever.
Is the Bank of Canada more likely to hike interest rates, as slack evaporates, or to cut interest rates, following the Fed?
A tree is growing in the forest… when do you cut it down to harvest its wood? When it dies and threatens to fall on your house.
In Japan’s depopulating economy, productivity is falling—not rising—and so are wages.
Reliable surveys confirm the Euro Zone economy is not recovering.
We are on the alert for more bad global economic news in the months ahead if the drop in world trade continues.
The record low German unemployment rate does not reflect a truly tight supply of labor.