Category: Global Economics

Durable good orders were down an unexpected 1.1%. Core capital goods revisions make matters much worse.

The Queens Speech won Commons approval today and all amendments were defeated. This may pave the way for elections.

Donald Tusk and the Remainers seek a Jan 31 extension. France wants a shorter extension. Jan 31 is counterproductive.

The Fed announced today it would increase “Overnight” repos to $120 billion.

The EU will not respond to Johnson’s alleged request for an extension until Friday. Several things are in play.

China doubles value of infrastructure project approvals to stave off economic slowdown amid trade war.

Kevin McAllister, Boeing’s Chief of Commercial Airplanes is the first high-level casualty since the second crash.

The Withdrawal Bill passed 329 to 299. The “programme motion” timetable failed 322 to 308.

Existing home sales fell 2.2% in Sep to 5.38 million units SAAR. Sales are barely in the Econoday consensus range.

A meaningful vote is coming up. Boris Johnson appears to have the votes. He is open to a short but…