China deliveries in its fiscal year: -34%. And not getting better: in April, -45%.
Just bumping along the bottom, from hopeless to hope and back to hopeless.
Citi Group analysts slashed their price target to zero.
Like the mortgage crisis never happened.
This time it’s about the safe deposit boxes at Metro Bank.
Chinese corporate defaults this year through April are 3.4 times the amount last year.
“Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.
Goods producing economy suffers globally. Services expected to keep it all taped together.
More and more companies either choose not to invest in other countries or are prevented from doing so.
“The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years.