by Bloomberg.com | Dec 30, 2023 | alerts, Markets/Economy
Manufacturing PMI declined to 49 due to subdued demand The Chinese central bank could cut rates in early January: ANZ China’s factory activity shrank in December to the lowest level in six months, fueling expectations the government may have to act soon to add impetus...
by John Mauldin | Dec 29, 2023 | alerts, Markets/Economy, Mauldin Economics
Should auld acquaintance be forgotand never brought to mind?Should auld acquaintance be forgotand auld lang syne? -Robert Burns It’s that time of year when we start thinking about the old and envisioning the new. This has always been a special season for me,...
by Bloomberg.com | Dec 29, 2023 | alerts, Markets/Economy
Campbell Harvey, professor of finance at Duke University, joins BNN Bloomberg to explain how the inverted yield curve is a strong predictor of a recession. He says the economy is nearing a full quarter of inversion before “code red” and for central banks...
by Bloomberg.com | Dec 28, 2023 | alerts, Markets/Economy
Central bank highlights support to techology, green sectors It also pledges to expand domestic demand, boost confidence China’s central bank vowed to step up existing monetary policy and stimulate consumer prices, which last month continued their slide, falling at the...
by Bloomberg.com | Dec 26, 2023 | alerts, Markets/Economy
Buyers acquire the five-story property for $44.7 million Harbor Associates says distress is starting to hit the market A Los Angeles office building located near Century City and Beverly Hills sold for about 52% less than its price five years ago. Harbor Associates...
by Bloomberg.com | Dec 22, 2023 | alerts, Markets/Economy
Transaction is biggest office deal in downtown LA this year Vacancy rate nears 30% for office buildings in downtown LA Aon Center, the third-tallest tower in Los Angeles, has sold for $147.8 million — about 45% less than its last purchase price in 2014 — as office...
