Goods producing economy suffers globally. Services expected to keep it all taped together.
But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.”
Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank.
But expectations & hopes for the next 6 months rise to less negative.
“In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.”
The four account for 58% of global manufacturing value added. And the big exporters are getting hit.
The fate of the A380 is sealed.
Q4 is falling apart before everyone’s astonished eyes, and a “technical recession” beckons.
Central-Bank Stimulus Fail: The longer it drags on, the worse it gets?
This is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE.