Category: Recession 2012
The analysis published under this category are as follows.
Friday, September 21, 2012
Eurozone Panic! Steepest Economic Contraction Since June 2009, Global Recession / Economics / Recession 2012
By: Mike_Shedlock
The global recession which started in Europe, is strengthening led by further declines in the eurozone. Markit reports Eurozone sees steepest contraction since June 2009 despite downturn easing in Germany.
Thursday, July 12, 2012
EU in Recession, US Entering Recession and China is Lying About Its Growth / Economics / Recession 2012
By: Graham_Summers
The emerging markets, especially China, are showing signs of a major slowdown. Indeed, recent revelations have made it clear that China’s slowdown is in fact much worse than expected:
Wednesday, July 11, 2012
U.S. Already in Recession, Thinks ECRI's Achutan / Economics / Recession 2012
By: Bloomberg
Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, spoke with Bloomberg Television's Tom Keene today and said that, "What we said back in December was that the most likely start date for the recession would be in Q1 and if not then, by the middle of 2012. I'm here to reaffirm that. I think we're in a recession already."
Monday, January 30, 2012
Is World Trade Falling Like A Lead Balloon Minus Terminal Velocity? Alarming Collapse of Baltic Dry Index / Economics / Recession 2012
By: BATR
Significance of BDI
Is the Baltic Dry Index (BDI) one of the most significant leading economic indicators to follow when the media is telling us the global economy is looking great one week and then predicting a double dip recession the next? We are increasingly concerned about the substantial decline in global shipping’s Baltic Dry Index. Is this a significant canary in the mine shaft in regard to what lies ahead for world trade dynamics, global aggregate demand and trans-national economic and financial activity?
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Friday, January 27, 2012
U.S. Economy GDP on Recession Track / Economics / Recession 2012
By: Mike_Shedlock
The headline real GDP number of 2.8% does not sound too bad until you dig beneath the surface. A full 1.9 percentages points of that 2.8% was inventory replenishment. Real GDP vs. a year ago is +1.6% and that is on a recession track as well.
Wednesday, January 25, 2012
UK Recession 2012 Certain as Bank of England Prepares to Ramp Up Money Printing Presses / Economics / Recession 2012
By: Nadeem_Walayat
The UK Economy was thrown into reverse gear in the final quarter of 2011 by contracting by GDP 0.2%, which may not sound like much but this does send a shock wave warning through the economy that a second recession is now near certain to be declared in April 2012 as measured by 2 consecutive quarters of GDP contraction.
Wednesday, January 18, 2012
World Bank Global Economy Warning: Hope for the Best, Prepare for the Worst / Economics / Recession 2012
By: Jesse
In case your domestic financial press fails to deliver this important message to you so clearly, as the World Bank has done for the rest of the world's leadership.
Hope for the best, and prepare for the worst.
Equities are pricing in a rosy scenario, but the bonds and precious metals are saying 'beware.'
Tuesday, January 17, 2012
Expect a Global Economic Recession 2012 / Economics / Recession 2012
By: John_Mauldin
The "Quarterly Review and Outlook" from Hoisington Investment Management is one of the most significant pieces that crosses my desk – I try and drop everything else as soon as possible. This quarter's is no exception. The authors, Dr. Lacy Hunt and Van Hoisington, get right down to brass tacks with their opening sentence: "As the U.S. economy enters 2012, the gross government debt-to-GDP ratio stands near 100%." They cite an influential 2010 historical study of high-debt-level economies around the world, by Professors Kenneth Rogoff and Carmen Reinhart, that concluded that when a country's gross government debt rises above 90% of GDP, "median growth rates fall by one percent, and average growth falls considerably more."
Friday, January 13, 2012
Euroland Factory Sector Posts Decline, Confirming Expectations of a Recession / Economics / Recession 2012
By: Asha_Bangalore
The European Central Bank (ECB) has chosen to watch and wait and did not take action after today’s meeting. The ECB has lowered the policy rate in the last two meetings to 1.00% from 1.50%. A preliminary report has indicated that real GDP of Germany contracted in the fourth quarter and German industrial production fell sharply in November.Read full article... Read full article...
Tuesday, January 10, 2012
2012 Stoking Another Deadly Recession / Economics / Recession 2012
By: FNN24
Our weekly update, published here takes a look at economic fundamentals across EU, US and UK while also looking at charts from FX markets and bond markets. Data has been mixed over the last few months with a case being made for US and UK to outperform all other markets while EU economies present a mixed picture with Germany standing out. But even then, we believe there are kinks in the growth picture across US, UK and EU as EURO crisis is expected to take an iron grip of the flow of credit over the next few months. Over EUR 1 trillion are set to be rolled over.
Wednesday, December 28, 2011
2012 Offers Few Economic Reasons for Optimism / Economics / Recession 2012
By: John_Browne
As the year draws to a close, understandable confusion reigns in the minds of many investors. While short-term indicators, such as consumer confidence, appear to beckon recovery, the longer-term strategic issues remain shrouded in the smoke and mirrors of central bank monetary manipulation. From the perspective of someone who has keenly observed global economics for more than a half century, I see little reason to believe that our economic morass will soon improve. Indeed, I do not believe we will see meaningful change until the Bretton Woods era of U.S. dollar dominated paper money finally comes to an end. In other words, our current experiment in unlimited monetary expansion will continue until it explodes.
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Monday, December 12, 2011
ECRI Renews U.S. Recession Call Clashing with Wall Street Expectations / Economics / Recession 2012
By: EconMatters
The U.S. economy is showing signs of life with good economic numbers after the ECRI (Economic Cycle Research Institute) declared on 30 Sep. that the U.S. has already or is about to dip into recession.
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Saturday, December 03, 2011
U.S. Employment Up But Not Enough, World Slips into Recession As Central Bankers Unite! / Economics / Recession 2012
By: John_Mauldin
It is now common to use the term bazooka when referring the actions of governments and central banks as they try to avert a credit crisis. And this week we saw a coordinated effort by central banks to use their bazookas to head off another 2008-style credit disaster. The market reacted as if the crisis is now over and we can get on to the next bull run. Yet, we will see that it wasn't enough. Something more along the lines of a howitzer is needed (keeping with our WW2-era military arsenal theme). And of course I need to briefly comment on today's employment numbers. There is enough to keep us occupied for more than a few pages, so let's jump right in. (Note: this letter may print long, as there are a lot of charts.)