Unemployment in Spain Still Miserably High Despite Six Years of Economic Growth. Now it Ticked Up Again by Don Quijones • Apr 27, 2019 • 30 Comments “The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years.
China, Other Emerging Asia Sink World Trade by Wolf Richter • Apr 25, 2019 • 43 Comments World trade volume falls most since Financial Crisis.
London Home Prices Had Biggest Monthly Drop Since Lehman by Don Quijones • Apr 20, 2019 • 31 Comments February was bad. Housing market weakness is now spreading out from London.
Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS by Don Quijones • Apr 18, 2019 • 19 Comments Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis.
More Airlines Collapse: Jet Airways India, Alitalia, WOW Air by MC01 • Apr 17, 2019 • 44 Comments And the 217 planes that Jet Airways ordered from Boeing?
Big Old Problem Just Re-Erupted on Eurozone’s Southern Flank by Don Quijones • Apr 11, 2019 • 54 Comments Italy’s fiscal health is once again in serious decline.
UK-Based Multinational Department Store Debenhams Collapses, After 200 Years of Trading by Don Quijones • Apr 9, 2019 • 50 Comments “The traditional private equity model should have no place in retail.”
UK Auto Sales Now Down 15% in Q1 from 2 Years Ago. Diesels in Death Spiral by Don Quijones • Apr 5, 2019 • 29 Comments But “superminis” are hot.
Currency-Trading Algos “Flummoxed” by Rapid-Fire Brexit Headlines by Wolf Richter • Apr 4, 2019 • 57 Comments AI Not There Yet?
US Still Cleanest Dirty Shirt Among Manufacturing Giants, Germany Drops to Debt Crisis Levels, Japan Contracts, China Counts on Government Bailout of Private Sector by Wolf Richter • Apr 1, 2019 • 45 Comments But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.”
