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The Global Economic System is Reaching Its Limits

The Global Economic System is Reaching Its Limits

The world's economic myths, especially…

ING Chief Economist Calls for Further Rate Cuts in China

ING Chief Economist Calls for Further Rate Cuts in China

China's consumer inflation was lower…

Finance

Shipping Woes Ease As Rates Drop To Pre-Pandemic Levels

Aug 30, 2023 at 08:22 | Stuart Burns

Via Metal Miner Buyers who depend on imports for semi-finished materials or finished components will undoubtedly cheer the recent fall in freight rates.…

Is Beijing Losing Control Of Its Economy?

Aug 29, 2023 at 08:36 | Metal Miner

Via Metal Miner Many speculate that China’s slowdown will not only undermine metal prices but also put China at risk of experiencing a…

London’s Listing Exodus Threatens Its Status As Global Financial Hub

Aug 28, 2023 at 09:09 | City A.M

London’s status as a global financial hub may not be at risk – yet – but its equity markets are certainly out of favour with the wider world.…

Used Car Prices Inch Upwards In August, Reigniting Inflation Concerns

Aug 18, 2023 at 09:14 | ZeroHedge

Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new data for the first 15 days of August that shows wholesale used-vehicle prices…

Bitcoin Crashes Amid A Wave Of Bearish News

Aug 18, 2023 at 09:04 | ZeroHedge

Call it the Bloomberg jinx. One day after the billionaire failed presidential candidate and media mogul's outlet published a report that "Bitcoin’s Extreme Volatility Vanishes Amid ‘Extreme Apathy and…

Russia's Rouble Crisis: Central Bank Hikes Rates To 12%

Aug 15, 2023 at 08:17 | ZeroHedge

Russia's central bank unexpectedly hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency move to try and halt the rouble's recent plunge…

Economic Chill In China: Domestic Demand And Property Markets Waver

Aug 11, 2023 at 09:32 | City A.M

China’s already “tortuous” recovery from the Covid pandemic continued to stall today as fresh data indicated that domestic demand remained depressed.   Figures out this morning showed…

America's Credit Downgrade: A Sign Of The Times Or Tip Of The Iceberg?

Aug 08, 2023 at 08:25 | ZeroHedge

Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+. While the downgrade won’t significantly impact the US government’s…

Tesla Stumbles In China As Local Market Favors Home Grown Competitor

Aug 04, 2023 at 08:44 | ZeroHedge

Tesla sold 64,285 China-made electric vehicles for the month of July, down 31% from the month prior, according to data from the China Passenger Car Association, reported by 

Colombia’s Economic Woes Worsen As Cocaine Prices Plunge

Aug 03, 2023 at 08:31 | Matthew Smith

Surging cocaine production, which hit yet another annual record during 2021, makes Colombia the world’s top supplier of the illicit narcotic. The vast profits generated by…

What Really Caused The Inflation Crisis?

Aug 01, 2023 at 08:24 | City A.M

International supply chains were stretched by a combination of ports suddenly closing at short notice due to virus outbreaks, workers being forced to stay at home and unusually high goods…

Trans-Pacific Spot Rates Surge As Shipping Capacity Diminishes

Jul 26, 2023 at 08:20 | ZeroHedge

Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades. Spot rates have been on the rise for three…

Used-Car Prices On A Steady Decline As Inflation Cools

Jul 19, 2023 at 08:24 | ZeroHedge

Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new high-frequency data for the first…

China’s Q2 Miss Sends Shivers Through Oil And Equities Markets

Jul 17, 2023 at 08:39 | ZeroHedge

US equity futures were flat, erasing a modest earlier gain, while European stocks and oil retreated as bonds rallied after the latest Chinese data dump delivered more evidence…

The Dawn Of Bitcoin ETFs Could Spark An Investor Frenzy

Jul 14, 2023 at 08:23 | City A.M

Cryptocurrency investors have been in a frenzy in recent weeks about the possible approval by the US financial regulator of spot Bitcoin Exchange-Traded Funds (ETFs). Spot…

Oil, EVs, And Big Tech Hit The Ground Running In The Second Half

Jul 03, 2023 at 08:31 | ZeroHedge

Global markets have kicked off the new quarter with solid gains from Asia to Europe (as previewed last week in "The Technical Overhang…

Investors Wary As Beijing's Stimulus Strategy Falls Short

Jun 26, 2023 at 09:08 | ZeroHedge

Losses in Chinese assets are mounting again as Beijing’s modest stimulus disheartens investors. The Hang Seng China Enterprises Index of Hong Kong-listed Chinese firms slumped more…

Soaring Car Prices Put American Auto Loans Underwater

Jun 22, 2023 at 08:59 | ZeroHedge

Millions of Americans who took out loans to purchase overpriced used vehicles during the pandemic are at risk of going underwater. Financing costs are…

Interpreting China’s Enigmatic Commodity Market

Jun 08, 2023 at 09:14 | Irina Slav

China has been at the forefront of all commodity forecasts after it decided to drop its zero-Covid policy and reopen late last year. Initially, pretty much every analyst expected the…

China’s Commodity Imports Are Under Pressure

May 10, 2023 at 09:05 | ZeroHedge

Futures are limping lower after overnight China reported that export growth moderated from 14.8% in March to 8.5% in April, slightly better than market expectations, and unchanged from…

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