Bounce, Recession or Depression? As economists, traders, investors, politicians and media pundits talk of economic recovery, many countries have already entered recession. The latest being Japan, the third largest economy in the world. The UK, Germany, France and Italy have all entered technical recessions. ‘V’ or not to ‘V’ ?Read More →
The German economy is reported to have contracted 2.2% in the first quarter 2020, the worst period in 11 years, according to the Federal Statistical Office. The decline was worse than the 2.1% drop expected by economists. GDP from the fourth quarter was revised down to a -0.1% decline fromRead More →
Powell says virus poses lasting harm The U.S. economy faces unprecedented downside risks that could do lasting damage if policy makers don’t rise to the challenge, Federal Reserve Chair Jerome Powell is reported to have said. Fed Chairman Jerome Powell said more measures will likely be needed to pull theRead More →
The UK economy shrank by 2%, the worst fall since the financial crisis of 2008. The Office for National Statistics (ONS) said the economy contracted by 2% in the three months to March, following zero growth in the final quarter of 2019. The decline was marked by a record fallRead More →
Germany’s economy stagnated in the 4th quarter Germany released GDP data today, 14th February 2020 for the 4th quarter, showing there was no growth in Q4 2019 and that the annualised rate of growth was just 0.4%. A report in the FT estimates that this will drag down growth inRead More →
The retail investor China’s stock markets are primarily made up of retail investors – that is non professional investors – wealthy individuals, as opposed to institutional investors. It is reported that the retail investor in China own in the region of 80% of ‘A’ class shares on the Shanghai stockRead More →
U.S. GDP fourth quarter reading released today, 30th January 2020 held steady at 2.1% – on consensus. The U.S. economy grew 2.1% in the fourth quarter. The economy grew overall 2.3% for the year (full). This was below the 2.9% increase from 2018 and the 2.4% gain in 2017. AndRead More →
The International Monetary Fund – (IMF) – lowered its forecast for global economic growth for 2020 to 3.3% and 3.4% in 2021. Slightly lower forecast Although these are slightly lower than previous IMF forecasts they do represent a modest acceleration in growth compared with 2019. Weaker growth 2019 saw theRead More →
Data released today 17th January 2020, reports that China’s economy slowed to its slowest pace in 29 years! But it is slowing from a high and a remarkable period of sustained growth. Will a slowing economy affect the Phase One trade deal? If China’s economy is slowing, how does thisRead More →
The German economy grew by 0.6% last year, according to official figures released by Destatis, its weakest performance since 2013. The German statistics office said growth was driven mainly by household spending. Business investment in machinery and equipment was weaker. Exports did grow – but more slowly than in previousRead More →