Economic reality continues to bubble-to-the-surface . . . .
Global economies appear slowing to 2008 levels. U.S. retail sales were a disappointment this morning hinting the consumer is not in a spending mood. Debt is beginning to have some meaning. Consumerism is the key glue for the U.S. economy while manufacturing continues to underperform. Trade war now taking a huge toll on China, the U.S. and global economies.
Japan's economy is on life support with few options.
The EU may not be the EU in five (5) years. Germany now in a deepening recession.
Low interest rate policy and negative rates no longer offer life-support . . . central bankers have simply shot-their-wad with little left in-the-barrel to manipulate markets. And now stir in political leaders with limited economic knowledge . . . .
Equity markets may be at-risk of another late year pullback (IMO). An opinion for what it's worth . . . .
Global economies appear slowing to 2008 levels. U.S. retail sales were a disappointment this morning hinting the consumer is not in a spending mood. Debt is beginning to have some meaning. Consumerism is the key glue for the U.S. economy while manufacturing continues to underperform. Trade war now taking a huge toll on China, the U.S. and global economies.
Japan's economy is on life support with few options.
The EU may not be the EU in five (5) years. Germany now in a deepening recession.
Low interest rate policy and negative rates no longer offer life-support . . . central bankers have simply shot-their-wad with little left in-the-barrel to manipulate markets. And now stir in political leaders with limited economic knowledge . . . .
Equity markets may be at-risk of another late year pullback (IMO). An opinion for what it's worth . . . .
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