Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Tag Archive for: june 21 2022
GAS PRICES SOAR IN EUROPE AS U.S., RUSSIA CUTS SUPPLIES An explosion at a U.S. liquefied natural gas (LNG)...
NEW ZEALAND HOME PRICES POISED TO STUMBLE ON HIGHER INTEREST RATES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 0Home prices in New Zealand have leapt 43 percent since the COVID War began, with the median home price...
Home prices in 70 major cities across China continued to slide in May, dropping by an average of 0.79...
China’s economic output grew slightly in May after most of the country’s two-months-long anti-COVID restrictions were eased, allowing people...
RUSSIA INCREASES OIL OUTPUT, SALES AMID WESTERN SANCTIONS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 0Russia’s oil output crashed immediately after it invaded Ukraine and Western allies slapped sanctions on Russian exports. However, it...
For more than a year, central banks called inflation “temporary” or “transitory,” waiting too long to raise interest rates...
HOW DID U.S. OFFICIALS GET INFLATION SO WRONG?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 2It has been relatively recently that U.S. Federal Reserve chair Jerome Powell and treasury secretary Janet Yellen have publicly...
YEN SLIDES FURTHER AS BANK OF JAPAN HOLDS TO NEGATIVE INTEREST RATE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 0Last week, the Bank of Japan (BoJ) once again decided to hold its key interest rate at -0.10 percent...
U.S. TRADE DEFICIT WITH CHINA IS BIGGER THAN REPORTED
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 1One of Donald Trump’s successes as president was to reduce the U.S.’s trade deficit with China—but apparently not. The...
WHEN THE ECONOMY FALLS JOBS GO WITH IT
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 1Inflation and interest rate hikes are causing companies in every sector to lay off thousands of employees, a clear...
Six in ten top corporate executives expect a recession within 12 to 18 months, according to a May survey...
OIL SUPPLIES WILL STRUGGLE TO MEET 2023 DEMAND
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 0Oil supplies risk failing to meet global demands next year, even though current high prices and slowing economies point...
The sudden spate of interest rate increases last week by central banks in Europe and the U.S. has sent...
CENTRAL BANKS IN EUROPE HIKE RATES, DOLLAR SINKS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, june 21 2022, 0On 16 June, several central banks in Europe suddenly raised interest rates, some without warning, after the U.S. Federal...
PRIVATE EQUITY LANDLORDS DRAW REGULATORS’ ATTENTION
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, june 21 2022, 0For years, private equity firms have been buying single-family houses to rent out at premium prices, a trend that...
SOARING HOUSING COST REACHES MOBILE HOME PARKS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, june 21 2022, 1The high cost of houses and apartment rents has pushed more people with low incomes into mobile home parks,...
SANCTIONS ON RUSSIA HURTING U.S., OFFICIALS ADMIT
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, june 21 2022, 0While the mainstream media ignored our forecast, and President Joe Biden, as we reported extensively, told the American people...
Consumers spent 0.3 percent less in May on retail and food-service purchases than in April, confounding analysts’ prediction of...
U.S. industrial production edged up just 0.2 percent in May, compared to 1.4 percent in April, while factory output...