DALLAS FED SUGGESTS SLOWER GROWTH

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * Chicago Fed National Activity suggest steady growth but Dallas Fed slowed. * German IFO Business Climate Index fell for 7th time in 8 months in September. CHICAGO FED NATIONAL ACTIVITY INDEX SUGGESTS STEADY GROWTH IN AUGUST:...

COMPLY OR BE ‘TARIFFED’

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * China / U.S. Trade Talks are under way again.  Expect nothing. * New York Fed Manufacturing index slowed in September, but remains at a robust level. CHINA TRADE TALKS WON’T GO EASY: We discussed a few weeks ago, when the...

IT’S STILL A KING DOLLAR WORLD

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * In a King Dollar world, you don’t want to be long emerging markets. * Russian economic situation deteriorates further, and we close out our long view. * Fodder for Trump, as China’s surplus with the U.S. gets bigger. * Japan’s...

RETIREES TO GET THE NEXT ARROW

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: * Abe finds a few more arrows, and one will be shot at future retirees. * US Trade Deficit at -$50 billion in July as imports hit record high. * Aussie GDP up +3.4% Y/Y in Q2-thanks to exports and spending. * China Caixin...
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