-Data paint a picture of a not-so-hot recovery -The Emirati love fest may stir the hornet’s nest. Not-so-hot economic trends in the Asian economies helped put pressure on the price of oil early Friday. Malaysia’s economy posted a sharp contraction, while retail sales in China were less than impressive. The trend on retail sales carried … More The Daily Dose; Today’s Data Looks Crummy.
Risk level: Yellow RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT -The US expansion is over. -We are observing the results of systemic international change. The largest economic expansion in US history is over, according to the International Monetary Fund. The fund issued a … More The United States is Long Past Its Pivotal Moment
-Stimulus meets the surrealism of populism. -First-half optimism is starting to fade. Crude oil prices were in retreat early in the Friday session amid jitters over global economic recovery plans. Risk analysts expect Jenga-like challenges will erupt in emerging markets that may lack the healthcare infrastructure to deal with the pandemic. Elsewhere, the Chinese appetite … More The Daily Dose; Is Stimulus Over?