“In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics.
Q4 is falling apart before everyone’s astonished eyes, and a “technical recession” beckons.
But for the markets: “No Data is Good Data”
No one knows what’s going to happen.
After the blood has been let, the feeding frenzy subsides, which is also brutal.
Export-Dependent Germany Hit by More than US-China Trade War.
But ballooning inventories point at risks next year.
No economy is as dependent on a trade surplus as Germany.
That Trump is bungling the debate became clear when he was getting bashed like a sitting duck from all sides: Corporate America, China, the EU, other entities that would lose, and their propaganda outlets in the media.
The biggest problem with Nafta remains unaddressed: Wage repression in Mexico, including via “protection contracts” as condition for building a plant.