It's
a bloodbath. No matter where you look, global manufacturing surveys are
signaling growth is over (and in most cases, outright contraction is
upon us). JPMorgan's Global Manufacturing PMI fell to its lowest level for over six-and-a-half years and posted back-to-back sub-50.0 readings for the first time since the second half of 2012.
もう血の海だ。皆さんの見立てはどうあれ、世界製造業調査によると成長時期は過ぎ去った（そして多くの場合、全くの収斂が起きている）。JPMorgan's Global Manufacturing PMIが６．５年ぶりの低位になった、連続二期５０．０を切っており、これは２０１２年後半以降はじめてのことだ。
June data signalled a mild decrease in global manufacturing
employment for the second month running (but every sub-index declined in
June).
Of the 30 nations for which a June PMI reading was available, the majority (18) signalled contraction. China,
Japan, Germany, the UK, Taiwan, South Korea, Italy and Russia were
among those countries experiencing downturns. The US, India, Brazil and
Australia were some of the larger industrial nations to register an
expansion.
“The global manufacturing sector downshifted again at the end of the second quarter. The
PMI surveys signalled that output stopped growing, as inflows of new
business shrank at the fastest pace since September 2012. This impacted
hiring and business optimism, with the latter at a series-record low. Conditions will need to stage a marked recovery if manufacturing is to revive later in the year.”
Amazonで買物をしてContrarianJを応援しよう Supply and Demand in Comex Digital Gold by Sprott Money Thu, 07/04/2019 - 09:32 Supply and Demand in Comex Digital Gold Written by Craig Hemke, Sprott Money News A few years ago, we wrote the salient article on the subject of derivative supply and demand on Comex. Given the recent price breakout and sentiment change, it's likely a good idea to re-visit this topic today. 数年前のことだが、私どもはCOMXの派生商品の需給に関する注目記事を書いた。最近の価格ブレークアウトと心理変化もあり、この話題を再度今取り上げるのが良かろう。 The post from 2017 dealt with Comex silver and the original link is below. However, since it is extremely important that you understand this dynamic, I'm going to ask the folks at Sprott Money to reprint the post in its entirely at the bottom of this page. Please take the time to read and study this full article: ２０１７年の記事はCOMEXシルバーに関するもので、その時のリ...
「この記事が面白いと思うなら、 Amaz onで買物をしてContrarianJを応援しよう 」 September Class 8 Heavy Duty Truck Orders Collapse 71% by Tyler Durden Fri, 10/04/2019 - 13:10 Preliminary Class 8 order data for September is starting to trickle in and, like the data preceding it so far this year - it's ugly. クラス８トラック発注がことしのこれまでと同様にひどい。 Class 8 orders were crushed 71% in September, reaching 12,600 units, according to Baird and Morgan Stanley. ９月にクラス８トラック発注が７１％下落し、１２，６００台となった、Baird and Morgan Stanleyのデータだ。 This follows a 79% plunge in August. ８月の７９％下落に次ぐ悪さだ。 This makes September the 11th consecutive month of YOY order declines and the 9th consecutive month of orders below 20,000. この９月で１１か月連続でYoY発注が下落している、また９か月連続で２０，０００台を下回った。 Class 8 orde...
Gold - Preparing For The Next Move by Tyler Durden Fri, 03/22/2019 - 05:00 Authored by Alasdair Macleod via GoldMoney.com, Note: this article is not and must not be construed as investment advice. It is analysis based purely on economic theory and empirical evidence. この記事は単なる分析であり、投資を推奨するものではない。 The global economic outlook is deteriorating. Government borrowing in the deficit countries will therefore escalate. US Treasury TIC data confirms foreigners have already begun to liquidate dollar assets, adding to the US Government’s future funding difficulties. The next wave of monetary inflation, required to fund budget deficits and keep banks solvent, will not prevent financial assets suffering a severe bear market, because the scale of monetary dilution will be so large that the purchasing power of the dollar and other currencies will ...
