Even from Japan! Its export producer prices are jumping.
Oh, the revisions.
Sales volume in Q3 plunges 67% from a year ago.
USD-denominated debt outside the US hits record – even junk bonds.
Wolf Richter on “This Week in Money.”
“These things can go on for a long time — until they can’t…”
What happens to prices when the biggest, reckless buyer walks away?
The upside is fake stability. The downside is too ugly to contemplate.
The last big enthusiastic buyer, China, is leaving the party.
Its largest & second largest markets. In how much trouble is it?