By SIMON CONSTABLE
Contractions in the German economy are as rare as they come. Only now, the latest slowing has stirred concern it won’t be a fluke for this EU stalwart.
In the second quarter, the country’s gross national product dropped 0.1%, only the third quarterly contraction in the last five years. Coming off a year of economic uneasiness on the continent and beyond, the results were enough to raise some serious recession fears. Indeed, one analyst is now declaring that Germany’s “golden decade” is over. Read more here.
By SIMON CONSTABLE
The bad news just keeps on coming for Europe's largest economy, Germany.
Already we know that the German economy contracted in 0.1% in the second quarter. But mounting evidence now suggests that the third quarter will offer a repeat performance of declining output.
If that happens the country would officially be in a recession, which is generally defined as two back-to-back quarters of negative growth. Read more here.
By SIMON CONSTABLE
Bond investors should brace themselves for a significant reversal.
While corporate fixed-income has done well these past few months, the gold market suggests that may be coming to an end soon. The problem is that a rallying bond market and surging gold prices would seem to be incompatible, according to new research. Read more here.
By SIMON CONSTABLE
The U.S.-China trade war and the recent violent Hong Kong protests are giving people a case of the jitters.
They've pulled a staggering $64.7 billion out of China in the three months through July, according to new research from the Washingon D.C.-based think tank, The Institute of International Finance. Read more here.
By SIMON CONSTABLE
Last Friday U.S. President Donald Trump ordered American companies to stop doing business in China. The move came as part of Trump's fast-deteriorating trade negotiations with China. Read more here.
By SIMON CONSTABLE
The truly rich don't get that way without being well, truly savvy with their money. So when a bona fide billionaire makes a big bet on something it pays to take notice and possibly do something similar. Read more here.
Le «hot desking», un open space de l'enfer
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