- Car sales are in a downtrend and PMI is falling, which ties the FED’s hands.
- Japan has just entered into direct economic stimulus with $273 billion.
- The Bank of England behaves like the economy is in a depression, cutting rates and printing money.
Introduction
Yesterday we discussed how China isn’t as big of a risk as many would like to make it out to be. Today, we are going to go through the latest data from the U.S., Japan and Europe in order to assess their riskiness. More →