Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Tag Archive for: jun 7 2022
BIDEN SAYS HE CAN DO LITTLE TO REVERSE INFLATION The Biden administration has little power and few tools to...
CANADA’S CENTRAL BANK RAISES RATES—AGAIN
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jun 7 2022, 0With inflation at a 31-year high of 6.8 percent, last week the Bank of Canada (BoC) boosted its policy...
INDIA’S ECONOMY GREW 4.1 PERCENT IN FIRST QUARTER
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jun 7 2022, 0India’s economy expanded by 4.1 percent in its most recent quarter, a figure that would have been higher if...
PRODUCER PRICES IN EUROPE ROCKET UP AT RECORD PACE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jun 7 2022, 0Across the 19-country Eurozone, the prices manufacturers charge for their products leaving the factory spiked 37.2 percent in April,...
After recent major sell-offs, hedge funds see an even more gloomy future for the world’s equity markets, according to...
On 1 June, China’s largest city, with 25 million people, began lifting its two-month anti-COVID lockdown that had trapped...
In a concession to the West, the Organization of Petroleum Exporting Countries and an affiliated group of oil producers...
CHINA’S EXPORTS FALL AS WORLD SHIFTS SPENDING BACK TO SERVICES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jun 7 2022, 0During the COVID War, China became the world’s manufacturer, supplying everything from razor blades to laptops—and the world’s consumers...
TOP TREND, NEW WORLD DISORDER: “FOOD SHOCK” WILL ENDURE FOR YEARS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jun 7 2022, 3Investors and government officials are underestimating the impact of the global “food shock” now spreading across emerging countries and...
YELLEN HALF-ADMITS SHE GOT INFLATION WRONG
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jun 7 2022, 4Last week in an interview with Wolf (Puppy Dog) Bllitzer on the Cartoon News Network (CNN), former Fed Head...
HORMEL WARNS OF FALLING SALES AS BIRD FLU SPREADS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jun 7 2022, 0Avian flu, which already has killed 40 million turkeys in the U.S., has thinned flocks that Hormel Foods relies...
RETAILERS AND MANUFACTURERS WHACK JOBS, LEISURE VENUES HIRE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jun 7 2022, 1Retailers laid off workers in May as hotels, restaurants, and other seasonal services staffed up for the summer months....
SOCIAL SECURITY TRUST FUND WILL GO BUST IN 2035, REPORT SAYS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jun 7 2022, 2The Social Security Trust Fund will be depleted in 2035 at current rates of deposits and spending, the trustees...
MORE HALF-POINT RATE RISES ON THE WAY, FED’S BRAINARD SAYS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jun 7 2022, 0The U.S. Federal Reserve is all but certain to raise its key interest rate by a half-point this month...
A U.S. economy that has grown steadily and reliably has given way to an era in which soaring equity...
Since March 2020, Americans have saved $2.5 trillion more than they normally would have, thanks to government stimulus payments,...
As we detail above, across the socio-economic and geo-political spectrum, these are “Happy Days are NOT Here Again” U.S....
U.S. “zombie firms”—those whose earnings are unable to cover interest payments on their debts—now comprise 620 of America’s 3,000...
Denmark held a vote last week that resulted in the country rejoining the EU’s Common Security and Defense Policy...