In October, real US goods imports were up and exports were down. Both showed growth across comparable periods from 2021 to 2022. Benign, upward-trending trade numbers conceal a lot of turbulence in component categories, however.
Take a deep dive into ocean alliances: who they are and how they benefit shippers. See infographics of carriers and learn about vessel-sharing agreements.
Euro Area government debt was reported as down this past week. But the risk posed by high levels of government remains, and not just in Europe.
Euro Area government debt was reported as down this past week. But the risk posed by high levels of government remains, and not just in Europe.
As investors and lenders pull back, small ecommerce and retail businesses are struggling to secure the cash to stay afloat. Even if you cannot raise capital, you can still grow your business.
South Korea is the first country to report August trade data, providing a “canary in the coal mine” for global activity. Total export growth is slowing and its shipments of semiconductors have started to fall. Neither bode well for global trade activity or the economy at large.
In a major speech, Fed Chair Jay Powell predicted a prolonged battle to bring down inflation. While there have been some positive inflation numbers of late, the more positive numbers were the less reliable ones. The Fed clearly sees prolonged, elevated inflation as a threat.
European gas and electricity prices for delivery during the coming winter have risen by 40% since the start of July. The market is pricing in supply interruption risks. Should supplies fail, the consequences will be felt in higher producer price inflation. There’s also the…