business spending

Toward Rate Cuts: What If The Landmine Was Real?

By |2019-07-01T17:05:31-04:00July 1st, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It was supposed to be the Chinese government who was going to rescue the global economy. Once the rationalizations ended and officials around the world realized there was serious economic weakness building at the end of 2018 instead of a globally synchronized inflationary recovery, the green shoots of 2019 were going to be in one [...]

Japan’s Surprise Positive Is A Huge Minus

By |2019-05-20T12:45:35-04:00May 20th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Preliminary estimates show that Japanese GDP surprised to the upside by a significant amount. According to Japan’s Cabinet Office, Real GDP expanded by 0.5% (seasonally-adjusted) in the first quarter of 2019 from the last quarter of 2018. That’s an annual rate of +2.1%. Most analysts had been expecting around a 0.2% contraction, which would’ve been [...]