Japan Archive

Euro area business climate, US small business employment, Japan retail sales, Australia

Happy Thanksgiving to all! Who would’ve thought? ;) Australia Q3 Private Investment Falls More than Estimated Private capital expenditure in Australia dropped by 0.2 percent quarter-on-quarter in the three months to September 2019, following a revised 0.6 percent fall in the previous period and compared with market expectations of a 0.1 percent ...Read More

Housing, Eurozone construction, Singapore, Consumer comfort, Air freight

You can see from the charts how depressed this cycle has been, and how housing has stalled out overall for the last few years, and all with ultra low mortgage rates: Permits which are more volatile have ‘spiked’ back to 1965 levels when the population was about half: A relatively small economy ...Read More

Euro area industrial production, China, Japan, Powell

Below 0 is contraction: How about this????? Powell: U.S. debt is ‘on unsustainable path,’ crimping ability to respond to recession ...Read More

Employment, Vehicle sales, Factory orders, Headlines, US and Japan services, US and Euro area trade, Credit standards

Job openings now in full retreat: The contraction continues: Highlights Unit vehicle sales, at a much lower-than-expected annual rate of 16.5 million, proved very soft in October and will lower expectations for next week’s retail sales report. October’s pace is the slowest since April reflecting sharp slowing in light truck sales. Vehicle ...Read More

Small business, Japan, Rails

Highlights Small business optimism continues to ease, down 1.3 points in September to a slightly lower-than-expected 101.8. No components rose in the month with six down and three unchanged. The report notes that uncertainty is up and respondents are more reluctant to make major spending commitments. Tariffs are cited by 30 percent ...Read More

UK, Germany, Italy, India, Japan

Just a partial recap of today’s releases as the tariff induced global trade collapse continues: ...Read More

ECB trade comments, US rates, UK, Germany, France, Japan

Someone else agrees with me about the tariffs and the global trade collapse: CNBC: The trade war is weighing ‘like a big, dark cloud’ on the global economy, says Christine Lagarde. And this would function like a tax increase: Bloomberg: President Trump Doubles Down on Call for Negative Interest Rates. Today’s tariff ...Read More

Japan, China, Housing starts

The global trade collapse from tariffs continues: They all have it backwards- it’s the 5th deadly innocent fraud- as the great global trade collapse continues: Blackstone’s Schwarzman: China’s economic ‘miracle’ came at the expense of the US and the West “That leads the developed world to say to China: ‘We’ve got to ...Read More

Japan exports, RV sales, Tariff delays

Japan Exports Fall for 8th Month Exports from Japan dropped 1.6 percent from a year earlier to JPY 6.64 trillion in July 2019, the eighth straight month of decrease and compared to market expectations of 2.2 percent fall, amid weakening global demand and the US-China trade dispute. An Economic Warning Sign: RV ...Read More

Manhattan home prices, Capital goods imports, Rails, Euro area industrial production, China imports

Still in contraction: China Imports Tumble in June Imports to China plunged 7.3 percent from a year earlier to USD 161.86 billion in June 2019, much worse than forecasts of a 4.5 percent drop, a further sign of weak domestic demand that could lead Beijing to add more stimulus. Purchases fell for: ...Read More