April 25, 2022
“…Fear about a global economic slowdown loomed as Asian stock markets cratered Monday amid concerns about Covid case spikes in China. Oil prices declined and yields retreated on the fears. Wall Street is also bracing for a stacked week of earnings, including reports… Continue Reading…
April 11, 2022
“…However, the long-term challenge for the U.S. will be to keep the crown on the U.S. dollar’s head as the leading global reserve/fiat currency. The unilateral sanctions of the West against Russia had the unintended consequence of raising inflation levels in Europe, East… Continue Reading…
February 18, 2022
“Renault CEO Luca de Meo said the French carmaker expects to make 300,000 fewer units in 2022 than it potentially could have as a result of the ongoing global chip shortage. Renault made 500,000 fewer cars last year as a result of… Continue Reading…
January 7, 2022
“EDITOR’S NOTE: Through most of 2021, mainstream economic opinion was operating under the narrative of “transitory inflation.” It was the biggest meme to go “viral” in the sphere of economic concerns. The Fed called inflation “transitory.” President Biden and his more… Continue Reading…
November 26, 2021
“Oil prices tumbled to the lowest level in more than two months Friday as the new Covid-19 strain sparked fears about a demand slowdown just as supply increases. The leg lower came amid a broad sell-off in the market with the… Continue Reading…
October 15, 2021
“EDITOR’S NOTE: The global economic recovery from the pandemic is slowing dramatically, and the International Monetary Fund (IMF) just confirmed that by slashing the U.S.’s economic growth forecast. According to CNN, “the IMF on Tuesday slashed its 2021 growth forecast… Continue Reading…
October 11, 2021
“Oil prices rose by about 2% on Monday, extending gains as an energy crisis grips major economies amid a pick-up in economic activity and restrained supplies from major producers. Brent crude was up $1.45, or 1.8%, at $83.84 a barrel… Continue Reading…
October 5, 2021
“EDITOR NOTE: While it once looked like the global economy was on the road to recovery, a “perfect storm” has created a supply chain disaster that is throwing the recovery off course, per The Guardian. President of Queens College, Cambridge,… Continue Reading…
October 4, 2021
“The global airline industry is expected to lose close to $12 billion next year, cutting its losses from this year by 78% as carriers slowly recover from the Covid-19 pandemic, the International Air Transport Association said in a forecast Monday.… Continue Reading…
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