by John Mauldin | Jan 12, 2024 | alerts, Markets/Economy, Mauldin Economics
Having now spent almost six months describing the historical cycles and massive debt that surround us, I find myself looking for an “easy” exit. Maybe one exists, but I haven’t found it yet. I think we’re stuck. The building will have to collapse around us before we...
by Nikkei.com | Jan 11, 2024 | alerts, Markets/Economy
Mexico to take lead as ‘friendshoring’ brings in manufacturing WASHINGTON/BEIJING — China was likely knocked off the perch as the top exporter to the U.S. for the first time since 2006 last year, outpaced by Mexico as tensions between the...
by Bloomberg.com | Jan 11, 2024 | alerts, Markets/Economy
Credit-card delinquency rates have exceeded pre-pandemic levels, while the share of borrowers making only the minimum payment climbed above 10% for the first time since 2019, according to a Federal Reserve Bank of Philadelphia report. Almost 3.2% of card balances were...
by Yahoo.com | Jan 11, 2024 | alerts, Markets/Economy
Consumer prices increased more than expected in December as investors continue to look for signs the Federal Reserve can begin to cut interest rates. The December Consumer Price Index (CPI) showed prices ticked up slightly at 0.3% over last month, an increase from the...
by Liberty Street Economics | Jan 11, 2024 | alerts, Markets/Economy
Alain Chaboud, Lisa Chung, Linda S. Goldberg, and Anna Nordstrom Editor’s note: Since this post was first published, the first paragraph under the “Looking Forward” subhead has been updated to clarify the expected increase in the speed of FX transaction settlements....
by Bloomberg.com | Jan 11, 2024 | archive, Markets/Economy
Brokerage JLL says more bidders are re-entering the market Firm forecasts that property owners will need more equity Soaring borrowing costs and plunging prices walloped the global commercial-property market last year. Now, more clarity around values and an urgent...