As we have forecast, the 20th century was the American century – the 21st century will be the Chinese...
Tag Archive for: jan 19 2021
LATIN AMERICA FACES SLOW, PAINFUL ECONOMIC RECOVERY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 19 2021, 1The economies of Latin America, where the pandemic has done the most damage, will take at least until 2023...
ISRAELI STOCK MARKET GETS A SHOT IN THE ARM
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 19 2021, 2After struggling to gain just 4.3 percent in 2020, Israel’s TA-125 stock index already is up 6 percent this...
TORONTO’S VACANCY RATE HITS 50-YEAR HIGH
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 19 2021, 1Apartment vacancies in Toronto reached 5.7 percent in 2020’s fourth quarter, according to real estate research firm Urbanation, a...
SOUTH KOREA: MOST JOB LOSSES IN 21 YEARS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 19 2021, 0In December, 628,000 South Koreans lost their jobs, the tenth consecutive monthly decline in employment and the greatest one-month...
LAGARDE CALLS FOR GLOBAL BITCOIN REGULATION
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 19 2021, 7Bitcoin, the world’s leading cryptocurrency, must be governed by coordinated global regulations, Christine Lagarde, president of the European Central...
GERMANY’S ECONOMY POSTS SECOND-WORST LOSS IN ALMOST 70 YEARS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 19 2021, 0Germany’s GDP shrank 5 percent in 2020, its worst performance since contracting 5.7 percent during 2009’s financial crisis and...
Having climbed to $900 billion globally, the market for corporate bonds is becoming increasingly risky, fund managers warned in...
Across Europe, investors and policymakers are expecting to see prices rise across a broad range of goods and services...
Governments and central banks must not end economic stimulus programs too soon, even if inflation rates rise and economies...
Remember the mainstream media sideshow when the politicians launched the COVID War last year that wrecked the global economy,...
OIL INDUSTRY CUTS MORE JOBS. Royal Dutch Shell is lopping 330 jobs from its North Sea operations over the...
OUTLOOK BLEAK FOR MORTGAGE-BACKED BONDS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 19 2021, 1Vacancy rates for urban apartments stand at or near record levels around the U.S., while millions of low-income earners...
In December, 5,459 apartment leases were signed in Manhattan, 94 percent more than a year earlier, according to real...
PRIVATE EQUITY FIRMS LOAD UP ON CHEAP DEBT TO BUY COMPANIES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 19 2021, 5Taking advantage of low-interest rates, private equity firms are taking on more and more debt to buy more and...
Consumer prices rose 0.4 percent in December from November, putting them 1.4 percent above December 2019’s level, the U.S....
ECONOMY REMAINS FAR FROM FED’S GOALS, POWELL SAYS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 19 2021, 3The U.S. jobs market remains weak, Jerome Powell, chair of the U.S. Federal Reserve, acknowledged in a webcast for...
It was not a Merry Christmas. U.S. retail sales dipped 0.7 percent in December from November, the U.S. Commerce...
The U.S. economy will expand by 4.3 percent in 2021, according to a consensus of economists polled by the...
FIRST-QUARTER DEFICIT ALMOST $600 BILLION
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 19 2021, 0The U.S. booked a budget deficit of $572.9 billion in the first quarter of its new fiscal year, a...