The Manufacturing Sector is Rolling Over But Inventories Keep Piling Up
Factory new orders are down year-over-year and barely afloat excluding transportation. Inventories are a concern.
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Factory new orders are down year-over-year and barely afloat excluding transportation. Inventories are a concern.
The US trade deficit widened to $55.5 billion from a negatively revised $51.2 billion. The consensus was $53.5 billion.
In the race to zero and below, the Fed is way behind. Judy Shelton hopes to get there in one…
Christine Lagarde, the head of the IMF, will become the head of the ECB. Already, she has made a fool…
Spitzenkandidat, the idea that the EU candidate with the most vote wins, just died.
Hooray! Numerous headlines on Monday proclaimed the US is set for the longest expansion in history. How do they know?
The moment Trump caved in on China tariffs, threats against the EU were a given.
Johnson and Hunt keep repeating the things necessary for No Deal or a Good Deal. A “Bidding War” is underway.
Economists expected construction spending would rise 0.1%. Instead, spending fell 0.8%, including revisions, down 0.4%.
The BIS annual report fired off a plethora of warnings to central bankers yet missed the best warning of all:…