Oil Price Collapse
The collapse in oil prices from $110 a barrel down to $30 a barrel took many people by surprise, has Continue reading
The collapse in oil prices from $110 a barrel down to $30 a barrel took many people by surprise, has Continue reading
The US stock market mimicked the Chinese market’s fall, though without having to close. “Standard & Poor’s 500 and Dow Continue reading
Since the yuan devaluation in 2015, the Chinese stock market has slumped. Many believe the slump reflects a slump in Continue reading
China’s Purchasing Manager’s Index fell to 49.6, a shrinkage. Sao Paulo’s reservoirs are down 98%. 20 Americans are now worth Continue reading
When the stock market falls it fills the news. Partly that’s because it affects people’s retirement accounts, but also because Continue reading
Deflation is worse than inflation because it is harder to control. At least within segments of the economy, deflation is Continue reading
In yet another example of a currency crash, Zambia’s currency has dropped almost 50% in 2015. China’s slowdown has global Continue reading
China is key to many economies. By some measures, it is already bigger than the US. Because of China’s size Continue reading