China PMI Contracts to the Weakest on Record
China’s manufacturing and service PMIs plunged to their worst readings in history.
Hard hitting global and local news
China’s manufacturing and service PMIs plunged to their worst readings in history.
Personal income rose 0.6% in January. Real income rose 0.5%. Spending rose 0.2% and real spending only 0.1%
Treasury yields continued a massive plunge today with new record lows. I sense a double rate cut by the Fed…
The CDC designed a flawed test for COVID-19, then took weeks to figure out a fix. The FDA made additional…
It’s now baked in the cake. The Fed will cut rates on March 18 and most likely at least twice…
Millions of school kids are hit with school closures in Japan. Iran’s “Screaming Mary” is infected. Surprise Fed cut?
In a useless act of governance, California is monitoring 8,400 for the coronavirus.
Containment has clearly failed. A global recession is on the way.
In his address tonight on the coronavirus, President Trump says we are “Very, very ready for this, for anything.”
Despite no cases, the Mayor of SF declares an emergency. New infections outside China now outpace those inside China.