Considering that we are hitting at sitting at super low borgen drapes right now john deere a bellwether for the agriculture and farming industry missed earnings and lowered guidance on friday due to the high degree of uncertainty around the u. S. Trade war with china Equipment Sales at the manufacturer declined 3 percent compared with the same last quarter fell in many men machinery manufacturer caterpillar also mr earnings and revenue estimates last month and cited farmers disappointment and postponement of major equipment purchases this data falls in line with previous reports of a slowdown in capacity as businesses tighten spending as trade war head winds intensify retail sales in the u. S. Were decent for the month of july as it increased by point 7 percent in july versus a cement point 3 percent the study pace of Consumer Spending is somewhat we assure and of the healthy labor market and low Unemployment Rate however keep in mind that these tend to be lagging indicators. Recession
Fed reserve was. Much on the top and hasnt responded nothing gets a lot out of what has happened but its not for fools who want to get anything like 2000. So another big slowdown scare this week was actually germany after the official g. D. P. Think i showed a contraction on point one percent in q tip so we may already be in a 2nd quarter of the contraction which would meet that textbook definition of a recession is the german recession already on its way and similarly whats the most important metric to follow when trying to make that call. I think it is germanys having a recession and germanys christ didnt have a credit because german banks and german policies are actually discouraged brought in borrowing and theyve survived mainly on huge strides. But that is a selfinflicted problem as germans are obsessed with running a balanced budget or even better that i think runs us but theres more monetary theory in the sauces if the government runs a service because the private sector they ha
Ever since 1071. 00 have always rallied following the fed rate cuts for an average of 6 months markets now currently anticipate a cut from the e. C. B. As deposit rate of at least 10 bits and a resumption of bond buying meanwhile mexico also joined the global easing tide and became the latest country to surprise with a rate cut the 1st in 5 years canada whose yield curve inverted by the most in nearly 2 decades is likely to cut next the bank of japan also announce that it will step in with further cuts and bond purchases in order to keep yields from sliding thailand also plans to step up with a 10000000000. 00 economic boost in order to hit their 3 percent growth and counter an economic slowdown so while markets are now enjoying a temporary reprieve getting a lift from government stimulus worldwide this is borrowed time a rate cut will not save us from recession but it can buy us time like a temporary steroids shot for the market as to. Radar is now price and a floor of negative indica
John deere a bellwether for the agriculture and farming industry missed earnings and lowered guidance on friday due to the high degree of uncertainty around the u. S. Trade war with china Equipment Sales at the manufacturer declined 3 percent compared with the same last quarter fell in many men machinery manufacturer caterpillar also mr earnings and revenue estimates last month and cited farmers disappointment and postponement of major equipment purchases this data falls in line with previous reports of a slowdown in capacity as businesses tighten spending as trade war head winds intensify retail sales in the u. S. Were decent for the month of july as it increased by point 7 percent in july versus a cement point 3 percent the study pace of Consumer Spending is somewhat we assure and of the healthy labor market and the Unemployment Rate however keep in mind that these tend to be lagging indicators recessions have always followed through an all time low Unemployment Rate. And here now to
Todays event is trying to raise awareness about how important it is to buckle up. Good morning cork would adhere vide just kicked off the campaigner buckle up backtoschool something to try to get the kids to do and parents as well as we get to the School Season ticket luck at this it was a Toyota Corolla and this was a rollover involving a student and delta colorado you look at some of the numbers we have here in terms of seatbelt use and Student Deaths its just incredible the number of 15 . Dash 20 years old involved in 28 percent between 2009 and 2014 answers some of the students here today from Chaparral High School in Douglas County started as seatbelt safety and Awareness Program after they noticed a glaring spike in action injuries involving their fellow classmates. Area code 80131 number and in the state 14 the cox ends to the hospital and so we are ultimately trying to decrease some of those accidents of all the fatality a young girl that was killed that chaparral back in 2014