As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Dec 6 2022
SPOTLIGHT: CHINA STRUGGLES TO RIGHT ITS ECONOMY
China’s economic activity in construction, manufacturing, and services slowed more than expected in November, hobbled by continuing, widespread anti-COVID lockdowns, an unresolved financial crisis in the real estate sector, and fewer orders for the country’s factory output.
EUROZONE INFLATION TICKS DOWN IN NOVEMBER
In November, inflation across the 19-country Eurozone fell for the first time in 17 months, dropping to 10 percent from a record 10.7 percent in October as prices for energy and services slowed their rate of increase.
WILL GLOBAL SLOWDOWN HAMPER INDIA’S POST-COVID RECOVERY?
India’s GDP grew by 6.3 percent in this year’s third quarter, compared to 13.5 percent in the preceding three months when COVID restrictions were relaxed.
U.S., EU STILL AT ODDS OVER U.S. GREEN MANUFACTURING SUBSIDIES
Tensions between Europe and the U.S. were on display at the 5 December meeting of the transatlantic Trade and Technology Council.
FOOD COMMODITY PRICES ARE FALLING BUT NOT GROCERY PRICES
The U.N. Food and Agriculture Organization’s Food Price Index dropped to 135.7 in November, its eighth consecutive month of decline after peaking last March at 159.7.
WHEN THE ECONOMY FALLS JOBS GO WITH IT
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses. This is week 20.
TOP TREND, GOING OVER THE DRIVERLESS CLIFF: INVESTORS PUT THE BRAKES ON FUNDING FOR SELF-DRIVING CARS
For years, developers have been pushing back their time frames for bringing self-driving cars to the market. Most recently, automakers have again scaled back their plans and timetables as the global economy darkens.