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"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns
"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns
Confirming our Sunday preview, overnight China reported growth data which slowed across the board in April with investment resuming declines, retail sales missing sales and growing at the weakest rate in 4 years while industrial production rose at the slowest pace in three years, calling into question Beijing's reluctance to add stimulus to the economy as a global energy crisis hits factories and consumers across the world.
China's Monday data dump of official data on Monday painted a picture of...
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"Entering The Endgame": Bessent To Unveil "Economic D-Day" Assault To Isolate Iran
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In the coming hours, the Trump administration is expected to unveil a sweeping campaign to economically isolate Iran and its trading partners, with China likely the primary target. The escalation is designed to force Tehran back to the negotiating table, as its only leverage - the Strait of Hormuz - appears to be quickly eroding. Commercial ships are now transiting the newly opened, US military-supervised shipping corridor off Oman, raising the possibility that Iran has partially lost control...
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