The data released today by the BEA show pretty clearly that the arguments we make in House of Debt remain relevant for thinking
about economic weakness today.
Though the underlying reason for that Treasury price strength was concern
about economic weakness and credit defaults, falling bond yields do allow us to take a more constructive stance once market internals show evidence of improvement.
Global bond yields have declined significantly in recent months, but at a pace and uniformity that suggests either a climax in yield - seeking or growing concerns
about economic weakness.
Not exact matches
Ironically, the selloff of U.S. stocks began a few weeks ago because of
weakness in the Chinese economy, the devaluation of the yuan, and stock market turmoil in the Asian nation, which led to serious concerns
about a global
economic slowdown.
The following 12 months brought market volatility linked to China's
economic weakness and later concerns
about the fallout from Britain's vote to leave the European Union.
What's surprising
about the
weakness on the West Coast is the absence of any change in
economic fundamentals, such as a spike in unemployment, to explain it.
An
about - face by the Fed driven by
economic weakness would more likely — after a brief celebration — contribute to panic that the Fed had lost credibility and control.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all
about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and
weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar
weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe
economic weakness.
much like when a country can't divulge highly classified information publicly for obvious
economic and military reasons, a professional soccer organization must keep certain things in - house so they don't devalue a player, expose a
weakness, provide info that could give an opposing club leverage in future negotiations and / or give them vital intel regarding a future match, but when dishonesty becomes the norm the relationship between cub and fan will surely deteriorate... in our particular case, our club has done an absolutely atrocious job when it comes to cultivating a healthy and honest relationship with the media or their fans, which has contributed greatly to our lack of success in the transfer market... along with poor decisions involving weekly wages, we can't ever seem to get true market value for most of our outgoing players and other teams seem to squeeze every last cent out of us when we are looking to buy; why wouldn't they, when you go to the table with such a openly desperate and dysfunctional team like ours, you have all the leverage; made even worse by the fact that who wouldn't want to see our incredibly arrogant and thrifty manager squirm during the process... the real issue at this club is respect, a word that appears to be entirely lost on those within our hierarchy... this is the starting point from which all great relationships between club and supporters form... this doesn't mean that a team can't make mistakes along the way, that's just human nature, it's
about how they chose to deal with these situations that will determine if this relationship flourishes or devolves..
Boosting concerns
about underlying
economic conditions, the
weakness is concentrated in the state's largest revenue category, the personal income tax (PIT).
Pan: Well, there hasn't been a lot of discussion of it really in the Chinese media, but this is another example of the
weakness of the one - party political system, you know, they have shown that the one - party system can deliver
economic growth, but it's an open question whether they can deliver other public goods for clean environment, as they discuss, has been a real challenge for them and because local officials are so addicted to
economic growth, they are not willing to, addicted because they profit from it personally, they haven't been willing to really enforce environmental laws
about, you know, good health care system, and education system.
The end of the bipolar world with the collapse of the Soviet Union in 1989 made to materialize the hegemonic situation exerted by the United States in the world that is threatened today by its
economic weakness and the
economic and military rise of China that has highlighted in the geopolitical world by great political influence, military and
economic in the Asian and international scene thanks to the great extension of its territory (ranked third in territorial dimension on the planet), high number of inhabitants (
about 1.3 billion, most populous in the world) and the dynamism of its economy (the economy is currently showing the highest growth rates on the planet).
In response to fresh measures of
economic weakness last week, coupled with an elevated ratio of gold prices to gold equity prices and negative real interest rates, the Fund boosted its holdings of precious metals shares to
about 10 % of assets.
The dominant perception holds that the Fed is
about to raise interest rates despite
economic weakness, probably creating a recession.
I haven't really talked
about the issue of whether high oil prices portend
economic strength or
weakness for a good reason.
The U.S. government forecasters at EIA expect that U.S. coal exports will fall back to
about 110 million tons per year over the next two years, due to
economic weakness in Europe, falling international prices, and competition from other coal - exporting countries.
Despite gas prices falling for 13 consecutive weeks, consumer confidence continues to stagnate on concerns
about high unemployment, the European financial crisis
economic weakness at home, as well as a shaky stock market.