Tag Archives: Slowdown

WTO Warns Global Trade Slowdown To Accelerate In Q4

Speaking at an event in Rio de Janiero last month, WTO Director General Roberto Azevêdo delivered an ominous prediction: As optimistic reports suggested that the two sides would soon restart substantive talks, Azevedo told his audience that the trade war between the US and China was far from over. “To be honest, I don’t think it’s over. They have lots ...

Read More »

Lynette Zang: What Could Speed Up The Global Slowdown?

Lynette Zang cuts through the mainstream propaganda to take a hard look at what is really causing the global slowdown. Here are the details… by Lynette Zang of ITM Trading Between May and October global markets had diverged, with most headed down as the US markets headed up. This is certainly not the first time this has happened. Then as ...

Read More »

Goldman Sachs forecasts US economic slowdown in 2019

Amid tightening financial conditions, the US is facing headwinds going into next year and could see a significant slowdown in economic growth, according to Goldman Sachs. “At this point, our central expectation is that financial conditions will shave about ¾pp from US real GDP growth over the next year; this is implied both by the simple assumption that financial conditions ...

Read More »

Wall Street’s “Too Optimistic” On The Economy, The “Stealth Slowdown” Has Already Begun

Authored by Danielle Park via FinancialSense.com, While stock bulls talk up a “strengthening” economy, consumer spending growth (which drives 70% of GDP in America) has fallen to a 4 ¼-year low even before rising trade tariffs are noted in backward looking data. The below chart from ECRI shows that the income shortfall relative to spending is increasing, and since 2015 ...

Read More »

Consumer Credit Binge Hangover Sparks Slowdown in Retail Sales Growth

Following May’s exuberant jump (revised even higher to +1.3% – biggest since Sept 2017) which coincided with a massive spike in consumer credit, June’s retail sales growth slowed notably (+0.5% as expected). Retail Sales ex-Autos beat expectations, rising 0.5% vs 0.4% expected, but slowing dramatically from an upwardly revised May spike of 1.3% MoM; but retail sales ex-autos and gas ...

Read More »