Global Slowdown Accelerates Driven By Confidence / New Orders Plunge

Slowly we grow says the Fed…

Goldman’s ‘Swirlogram’ places the global industrial cycle squarely in the ‘Slowdown’ phase as growth momentum fades rapidly. Driven by plunges in aggregate confidence levels and New Orders (less inventories) – as well as CAD and AUD data – this reinforces last month’s preliminary view of a slowdown beginning. Goldman notes we could potentially see weaker global activity over the coming months. Is it any wonder we are seeing bellweather names missing in a big (un-unique) way.


Loop the loop …

Has the Fed already imposed a tax on USA savers? The answer is yes, have you paid attention to what your principal has been doing in the banks lately?

Politiciians lie ….


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