What’s Going On Here? Morgan Stanley whipped up an optimistic prediction: it reckons the start of next year will provide all the ingredients we need for a global economic recovery. What Does This Mean? The past two years have seen global economic growth slow from 3.8% to 3%, in part because of the US-China trade…
Tag: economy
Ep 74: Out Of The Frying Pan
What’s Going On Here? Germany surprised economists by revealing its economy actually grew in the third quarter – but with weak economic data out of China, investors might worry Germany’s still headed for the fire. What Does This Mean? An ongoing effect of the US-China trade war is weaker economic growth than there otherwise would be, as purchases get deferred and…
Ep 71: Gold Ain’t Glittering
What’s Going On Here? Gold and silver just had one of their worst weeks since 2017 as investors sent the precious metals’ prices falling. What Does This Mean? Both Better-than-expected quarterly updates from big multinational companies Progress towards a tentative US-China trade deal (reducing import costs and therefore boost companies’ earnings and economic growth), appear to have encouraged…
Ep 62: That Shrinking Feeling
What’s Going On Here? German economic activity shrank in September for the first time in six and a half years – and the jury’s out on just how deep this rabbit-hole could go. What Does This Mean? Monthly surveys ask companies in the manufacturing and services sectors how busy they’ve been. And in September, those in the…
Ep 46: Chin Up, China
What’s Going On Here? China’s economy grew 6.2% in the second quarter of 2019 versus a year before (its slowest rate since the end of the Cold War). What Does This Mean? While the growth rate was in line with economists’ expectations and with China’s target of 6-6.5% for 2019 as a whole – a close inspection of the…
with HT 