global economy

IMF Confirms Slower Global GDP Growth Targets in 2015 and 2016

When Christine Lagarde of the International Monetary Fund (IMF) spoke last week, it had all the hallmarks of a precursor to a downgrade of the IMF's global growth targets. Now ...
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US Trade Deficit Grew Handily in August

The reading on international trade, known as the U.S. trade deficit to those who have been watching the reading since the 1980s and 1990s, came in at -$48.3 billion in ...
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luxury mansion

Why Is Maryland America’s Richest State?

A typical Maryland household earned more than $73,000 last year, more than in any other state in the country. The cost of living in Maryland, however, was also one of ...
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Why Does Midland Texas Have the Fastest Growing Economy in the US?

Midland’s economy grew by 24.1% last year, more than twice the rate of San Angelo, Texas, the metro area with the next largest economic growth. The exceptional gross domestic product ...
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Why Is Detroit the Most Dangerous City in US?

The crime rate in Detroit, a city that has lost half its population since 1960, outdistances that of any other large city in the United States. Statistics show why the ...
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Should the Fed Add Financial Stability to Its Mandates?

Should the Federal Reserve’s open market committee (FOMC) replace its dual-mandate with a ternary (three-part) mandate, adding financial stability to its existing mandates for price stability and maximum employment? And ...
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Mixed Reports Seen in ISM and PMI Manufacturing Data

Two additional reports on manufacturing were released on Thursday, with a smell of slowdown still lingering in the air. Still, we would view these reports as being mixed if you ...
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IMF Tips Hand on Lower Global GDP Forecast

The International Monetary Fund (IMF) is going to be lowering its global growth forecasts, at least that is what sounds as though is coming as the next forecasts will be ...
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global economy

Fitch Lowers Global Growth Estimates Due to Emerging Markets

Whether you are seeing projections from the Federal Reserve, the International Monetary Fund, Goldman Sachs or any other place that issues research and makes global growth projections, the trend for ...
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Credit Managers Showing High Concerns in Monthly Credit Report

The monthly reports from the National Association of Credit Management (NACM) rarely get noticed at all by investors and economists, but this should be watched closer than it is currently. ...
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Chicago PMI Takes Miserable Turn

The Institute for Supply Management has released its September report of the Chicago Business Barometer, and it is ugly. It was down by 5.7 points to 48.7, and the report ...
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TrimTabs Indicates Weakest Monthly Payrolls Since February 2014

The financial markets are eagerly awaiting Friday's unemployment and payrolls report from the Bureau of Labor Statistics (BLS). Two reports, one from ADP and one from TrimTabs act to front-run ...
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ADP Payrolls In-Line at 200,000 for September

ADP has released its private sector employment for the month of September, and it showed an increase of 200,000 jobs from August. The ADP National Employment Report is derived from ...
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Arab oil

Middle East Sovereign Wealth Funds, Reserves Taking a Beating

Low oil prices may have cost the government of Saudi Arabia more than $70 billion in the past six months. Qatar’s sovereign wealth fund has taken paper losses of up ...
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Consumer Confidence Shocks Analysts

The Conference Board released a number for consumer confidence in September that was a big surprise to most. Thomson Reuters consensus estimates pegged the number at 96.0, while Dow Jones ...
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