by Bloomberg.com | Jan 22, 2024 | alerts, Markets/Economy
Deeper Hong Kong selloff shows global pessimism about China Disappointing growth recovery and measured stimulus sour mood A rout in Chinese stocks listed in Hong Kong intensified Monday, pushing their discount to mainland peers to the deepest in fifteen years in the...
by BusinessInsider.com | Jan 20, 2024 | alerts, Markets/Economy
Source: Bloomberg Television An inverted yield curve has preceded every recession since 1969. The inventor of the famed indicator said it is accurately predicting a downturn this year. When the yield curve inverted in November 2022, he said it was a false signal. ...
by John Mauldin | Jan 19, 2024 | alerts, Markets/Economy, Mauldin Economics
“Two is better than one” is a nice saying, but it really depends on what you’re describing. Two hurricanes or earthquakes aren’t better than one. Just one disaster at a time will suffice, thank you very much. The same holds true for man-made crises like the debt...
by Lance Roberts | Jan 19, 2024 | alerts, Markets/Economy, Real Investment Advice
Economic growth continues to defy expectations of a slowdown and recession due to continued increases in deficit spending. In fact, the U.S. Treasury recently reported the December budget deficit, which shows the U.S. collected $429 billion through various taxes while...
by Bloomberg.com | Jan 19, 2024 | alerts, Markets/Economy
Contract closings fell 1% in December, NAR data show Prices hit a record in 2023 as supply remained constrained Sales of previously owned US homes fell in December, capping the worst year for the housing market in nearly three decades. Contract closings decreased 1%...
by Bloomberg.com | Jan 19, 2024 | alerts, Markets/Economy
Weak food demand biggest cause, as families tighten belts Many economists see return to soft inflation levels in 2024 China’s slide into deflation is proving hard for the world’s second-largest economy to arrest. Economy-wide prices last quarter marked their...
