China

I apologize for missing Monday and yesterday. I am actually on Holiday right now. And though it seems strange to work on Holiday, I have always written through my vacations. I reckon I will be off tomorrow. But, who knows. I have my laptop…

By Marshall Auerback This article originally appeared on AlterNet. Airbus is considering whether or not to shift the assembly process of its latest generation of A330 planes to China as part of a bid to increase its market share in the…

For the past decade since the financial crisis, China has largely supplied incremental global liquidity. This is a fundamental change from previous decades where the US was the fulcrum. But, today the Chinese have realized they can no…

My last daily post was about the emerging consensus view that a global recession is just around the corner. And the sense I get is that people believe this recession - unlike the one during the Great Financial Crisis - is being stoked by a…

What are markets saying? The good times are over! The days of extremely low volatility, with the VIX trading at 12 or 13 are now over. We may see an up day or a down day, but the volatility is now higher than it was before - perhaps…

China's slowdown Let's start with China today because yesterday the Chinese released their worst growth figures in 28 years. The 6.4% growth number was expected. Even so, the problems are large. Here's how Reuters described it yesterday:…

Analysts are increasingly skeptical that China’s very high reported GDP growth rate provides a meaningful picture of the economy’s health. There are, however, at least three very different ways that reported GDP can fail to reflect the…

There are a number of market, economic and political threads I want to comment on as we end the week. In terms of my mood, having digested the recent economic and political news, I am actually hopeful. I think the prospect of recession and…

Recent news shows decision -making crossroads in the China-US trade dispute, in German politics and in Fed policy.

I want to use the news flow to highlight several issues that I am following that should have a major impact on the economy and financial markets in the next year. All of these topics are laden with risks that skew to the downside. And that…