13 July, 2017 by The TZ Newswire Staff Comments Off on KKR Predicts U.S. Recession By 2019 And An Inevitable Cycle Of Millennial Deleveraging
KKR Predicts U.S. Recession By 2019 And An Inevitable Cycle Of Millennial Deleveraging
KKR has just published their 2017 mid-year economic outlook and it includes some rather dire predictions for the U.S. economy. Among other things, KKR predicts a U.S. recession by 2019 and a massive cycle of millennial deleveraging after a huge expansion of consumer credit in the form of student and auto loans.
13 July, 2017 by The TZ Newswire Staff Comments Off on Singapore Q2 GDP grows 0.4 percent from last quarter, dodges recession
Singapore Q2 GDP grows 0.4 percent from last quarter, dodges recession
Singapore’s trade-reliant economy grew in the second quarter from the quarter before, dodging a recession, thanks to solid gains in manufacturing.
13 July, 2017 by The TZ Newswire Staff Comments Off on The Major Wildcard That Could Send Oil To $120
The Major Wildcard That Could Send Oil To $120
The Major Wildcard That Could Send Oil To $120
By Nick Cunningham – Jul 10, 2017
http://oilprice.com/Energy/Oil-Prices/The-Major-Wildcard-That-Could-Send-Oil-To-120.html
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13 July, 2017 by The TZ Newswire Staff Comments Off on Fitch ratings affirms China at ‘A+’ and says stable outlook
Fitch ratings affirms China at ‘A+’ and says stable outlook
Says the increase in economy’s overall leverage in context of adherence to
ambitious GDP growth raises potential for economic and financial
shocks
Headlines via Reuters
I bolded Fitch’s GDP forecast for emphasis
13 July, 2017 by The TZ Newswire Staff Comments Off on Singapore Q2 GDP +0.4% q/q & +2.5% y/y (both missed)
Singapore Q2 GDP +0.4% q/q & +2.5% y/y (both missed)
Economic growth data from Singapore for Q2 2017
+0.4% q/q annualised sa
– expected +1.1%
+2.5% y/y
– expected +2.8%
In Q1 Singapore GDP contracted q/q (-1.9%), so the expansion this quarter means the country has avoided the technical definition used for a recession.
13 July, 2017 by The TZ Newswire Staff Comments Off on Maglan Capital: Some Lessons Learned From Puerto Rico
Maglan Capital: Some Lessons Learned From Puerto Rico
Maglan PartnersAlthough Maglan Capital has not been invested in Puerto Rico for more than three years, the distressed investing specialist has been closely watching developments concerning the Commonwealth unfold for all the obvious reasons.
13 July, 2017 by The TZ Newswire Staff Comments Off on A vintage letter from Amelia Earhart to The New York Times proves asking for what you want works
A vintage letter from Amelia Earhart to The New York Times proves asking for what you want works
Amelia Earhart tried to get the New York Times to stop calling her by her husband’s last name – and succeeded.