Relevant:
- Nervy global investors revisit 1930s playbook (AMIDST MOUNTING SLOWDOWN EVIDENCE)
- Record high U.S. job openings point to "skills shortage" [+YET MORE OVERGROWN SVC. ECONOMY]
- U.S. factory, construction data point to tepid growth
- Worst decline in world trade in 6yrs -- report
- Growth Rebound in U.S. Masks Demand Picture That's Not as Bright
2016-09-23 — wolfstreet.com
The chart shows that merchandise world trade isn't falling off a cliff, as it had done during the financial crisis, when global supply chains suddenly froze up. But it's on a slow volatile grind lower. And compared to the fanciful growth after the Financial Crisis, it looks outright dismal...
Data point after data point document that the goods-based economy in the US is in trouble -- manufacturing, wholesale, retail... nothing is firing on all or even most cylinders.
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