Jeffery automobile factory in Kenosha, Wisconsin, c. For many decades, the United States led the world in total automobile production.
Patrick O'Hare Please, can we get some bad economic news? Is that too much to ask? That's not too much ask, it's just really dumb to ask for it. Nevertheless, we have heard it asserted in the face of the recent sell-off that bad economic news would be good news for the stock market. Why would that be?
The assumption is that bad economic news would get the Federal Reserve off the stock market's back and help tamp down the concerns about rising interest rates that precipitated the sell-off.
It would be easier to dismiss these words from Nouriel Roubini, Marc Faber or other doom-and-gloom prognosticators. But the systemic cracks we've been closely monitoring definitely got an awful lot wider this week. After nearly a decade of endless market boosting, manipulation and regulatory neglect, all of the trading professionals I personally know are watching with held breath at this stage.
End Of This Expansion Is Now In Sight John Rubino Towards the end of economic expansions, interest rates usually start to rise as strong loan demand bumps up against central bank tightening. But eventually rising rates begin to bite and borrowers get skittish, throwing the leverage machine into reverse and producing an equities bear market and Main Street recession.
Chinese stocks fell 5. David Golman The risk remains that dollar credit will seize up globally, with disastrous consequences for countries that have to borrow dollars to cover deficits The cure for the last crisis always turns into the cause of the next one. Europeans and Japanese pay to hold cash or own year German government bonds, which means that every pension fund and insurer will fold in a finite time horizon.
They responded by exporting more, saving more, and buying American assets that still pay a positive, if low, real yield. The buildings are all monumental, graceless, and blockish. For years, the city has attracted young people from all over.
It has some of the cheapest apartments in Europe and a lively, bohemian art scene. It also has a generous social welfare system that makes it easy to live here with relatively little money.
For a very long time, Ron Paul has been one of my political heroes.
He was one of the few members of Congress that actually understood economics, and it is very sad that he has now retired from politics. With the enormous mess that Washington D.
Read More A financial storm is brewing Alasdair Macleod This week, gold rose slightly on balance, while silver maintained its climb out of a deep pit.
For fiat currencies, things are hotting up. US Treasury yields going through the roof, illustrated by this immensely bearish chart of the year US Treasury bond yield. Could this be a sign that big trouble is on the horizon for the stock market?
It seems like bonds have been in a bull market forever, but now suddenly bond yields are spiking to alarmingly high levels. On Wednesday, the yield on 30 year U. The bill passed bya week after the Senate passed an identical measure by a vote of Given the proliferating risks, another financial crisis and downturn could be in store.
Just as the magnitude of the global downturn that began in mid took most economists completely by surprise, so did the sclerotic nature of the recovery. Similarly, economic forecasts appear to be nothing more than hopeful extrapolations of recent growth.
The decisions each of us make today will determine if we thrive, merely survive, or fail during the future time of upheaval ahead. The window of opportunity to change course for humanity is all but closed.
German Chancellor Angela Merkel has seen her power within German political circles wane for more than a year. Bond yields are beginning to not just rise, but blow out uncontrollably.Silicon supplement could improve bone strength and welfare of millions of chickens a year UK, 21 November - Scientists have found a way to develop a silicon food supplement for poultry, which could provide a major boost to the health and welfare of millions of chickens produced every year.
The automotive industry in Germany is one of the largest employers in the world, with a labor force of over , with the intention of producing identical cars at its German and British factories.
Ford had also opened a factory at Genk, Belgium, five German companies and seven marques dominate the automotive industry in the country. In many electric systems worldwide the penetration of Distributed Energy Resources (DER) at the distribution levels is increasing.
This penetration brings in different challenges for electricity system management; however if the flexibility of those DER is well managed opportunities arise for coordination.
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As Europe’s largest electronics producing nation, Germany is a significant but mature market for U.S. semiconductors.
Automotive electronics production equipment markets in Germany. Most U.S. exports Although some German companies produce SME.