Factoring the Lumps in the (global) Slump

By |2019-08-09T19:15:28-04:00August 9th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The British manufacturing sector pulled the English economy into contraction for the first time since 2012. Real GDP declined by 0.2% Q/Q in the second quarter of 2019, another minus sign to add to the growing global list. Goods production fell sharply, down 2.3% in Q2 from Q1. It was the biggest decline since 2009. [...]