As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend… which hit record highs at the height of the COVID War in 2021 when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
Category: 12 September 2023
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Last month, the value of China’s exports was 8.8 percent below that of a year earlier, the government announced, marking the fourth consecutive month of reduced sales abroad.
TOP TREND 2023, OFFICE BUILDING BUST: TENANTS SIGNING MORE OFFICE LEASES BUT FOR LESS SPACE
In this year’s second quarter, U.S. businesses signed new leases for about 97.5 million square feet, approaching twice the 57.4 million that marked the low point during the COVID War, data service CoStar reported.
CANADA’S ECONOMY SHRINKS IN SECOND QUARTER
Canada’s economy contracted by 0.2 percent in this year’s second quarter, Statistics Canada reported.
WEAKNESS IN RETAIL SALES AND CHINA’S ECONOMY SINKS SHIPPERS
The shipping industry has entered its peak season, the time when retailers are expecting their holiday inventories of clothing, decorations, electronics, toys, and other items.
DE-DOLLARIZATION “IRREVERSIBLE”
The dollar’s loss of its central role in the world’s economy is “an objective and irreversible process,” Russian President Vladimir Putin told the BRICS summit on 5 September.
INTEREST RATE HIKES HAMPER GROWTH FOR 12 YEARS, FED STUDY SAYS
Central banks’ interest rate increases slow broader economic growth for at least 12 years, according to a new study by the Federal Reserve Bank of San Francisco.
GLOBAL GROWTH WILL SLOW IN 2024
This is old news to Trends Journal subscribers, but it's making headline news now! After exceeding expectations this year, thanks to tight job markets and consumers’ continued shopping, growth among the worlds’ leading economies will slow next year, many economists now expect.
WHEN THE ECONOMY FALLS JOBS GO WITH IT
Welcome to the second year of our listing the loss of jobs. As we have detailed, there is a global economic contraction underway that will worsen in the Northern Hemisphere as the summer ends and the reality of winter life begins to set in. In the U.S. the employment numbers are already weakening.
CENTRAL BANKERS SEE A LOW-GROWTH FUTURE BURDENED BY DEBT, GEOPOLITICAL STRIFE
Governments, businesses, and households are toting record levels of debt. The world’s trading network is shattering along geopolitical faultlines. The world’s economy is precariously close to a recession and, at best, will grow so slowly that emerging nations may forfeit years of potential gains.