A slew of reasons, the China debacle on top.
Exports-at-all-costs for economic growth comes home to roost.
Dollar Hegemony is a tough nut to crack.
World trade volume falls most since Financial Crisis.
16% of the 4 million new vehicles sold in the US in Q1 were assembled in Mexico.
But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.”
Is the euro dead yet? And how is the Chinese Renminbi doing?
The Dragon in the Game Room has a situation.
“Asia volume weakness, which we experienced during peak season, deepened post Chinese New Year.”
“In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.”