Bloomberg’s Recession Tracker – October 14, 2019

Recession fears have grown in recent months amid a persistent trade war with China, pullbacks in corporate hiring and investment and a manufacturing sector that has already slipped into contraction. The economy is cooling, but the big question is whether the slowdown will morph into something darker. Bloomberg Economics created a model to determine America’s … Read more Bloomberg’s Recession Tracker – October 14, 2019

Global Bonds Are Selling Off for All the Right Reasons

Central banks have taken a lot of heat by trying to combat slowing economic growth and inflation with the same strategies that have so far largely failed — that is, cutting interest rates even lower or, in some cases, further below zero. While such measures may have prevented a much more painful slowdown, they have … Read more Global Bonds Are Selling Off for All the Right Reasons

US manufacturing survey shows worst reading in a decade

The ISM U.S. manufacturing purchasing managers’ index came in at 47.8% in September, the lowest since June 2009. This marks the second consecutive month of contraction. The new export orders index tanked to only 41%, the lowest level since March 2009. A gauge of U.S. manufacturing showed the lowest reading in more than 10 years … Read more US manufacturing survey shows worst reading in a decade