It was just yesterday when we noted the sharp collapse in the Chinese credit impulse, when in May, the PBOC reported that Total Social Financing grew at the slowest pace since July 2016, as a result of a full-blown crackdown on China's shadow credit system.
Barely 24 hours later, China served not one but two major surprises that were the direct result of the sharp slowdown in China's credit dynamo.
On Thursday China reported activity data including industrial production, fixed asset...
SUBSET have been painting large-scale artworks around the city – but following complaints, Dublin City Council has ordered their removal
A Wall Street chief strategist outlines 6 reasons why investors should beware a surprise economic shock
The US economy looks solid at the moment, but Jim Paulsen, the chief investment strategist at Leuthold Group, says investors are ignoring the possibility of a downturn.
Paulsen outlines six reasons why investors — who are immensely confident right now — should be keeping a close eye on the economy.
Anyone looking to poke holes in market sentiment would probably be wise to look beyond the economy.
After all, measures of economic expansion look solid at the moment, with one forecast calling for...