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.”
多量のオピオイドを米国に送り込み、米国で深刻な麻薬中毒問題を引き起こしています。現代版「阿片戦争」です。あのトヨタ初の女性取締役もオピオイド中毒で逮捕解任されましたよね。 US Is Dependent On China For Almost 80% Of Its Medicine by Tyler Durden Fri, 05/31/2019 - 12:55 Experts are warning that the U.S. has become way too reliant on China for all our medicine , our pain killers, antibiotics, vitamins, aspirin and many cancer treatment medicine. 専門家はこう警告する、米国はすべての医薬品、痛み止め、抗生物質、ビタミン、アスピリン、各種抗がん剤で、中国依存度が高すぎる。 Fox Business reports that according to FDA estimates at least 80 percent of active ingredients found in all of America’s medicine come from abroad, primarily from China . And it’s not just the ingredients, China wants to become the world’s dominant generic drug maker. So far Chinese companies are making generic for everything from high blood pressure to chemotherapy drugs. 90 percent of America’s prescriptions a...
日本と同じくPOMOになる公算が大きいとは思いますが、どうでしょうね。 米国大統領選挙の勝者と11月投票日前数ヶ月の株価の動向には9割以上の相関があります。はっきり言えば、公約とか主義主張には無関係です :) 。この時期株価を維持・上昇すると現職政党勝利、株価が下落すると挑戦政党勝利となります。熱心な民主党員活動家である前FED議長イエレンは頻繁に口先介入をしましたが、量的緩和再開まで踏み込めず、4年前の秋に株価が下落し、トランプ勝利となりました。株価と大統領選挙の相関をトランプは熟知しています、4年前には株価が下落するようしきりと口先介入していました。今年は11月まで株価を維持できるかどうか?どうでしょう。 Mark Your Calendar: Next Week The Fed's Liquidity Drain Begins by Tyler Durden Fri, 01/03/2020 - 14:54 What goes up, must come down, at least in theory. 上昇があれば、その後に下落が伴う、少なくとも理論上ではそうだ。 Ever since the start of October when the Fed launched QE4 - or as some still call it "Not QE" - in response to the Sept repo crisis, figuring out the market has been pretty simple: if the Fed's balance sheet goes up so does the S&P500, and vice versa. 10月にFEDがQE4を始めて以来ーー「Not QE」という人もいるがーー9月のレポ危機に対応したものだが、相場はとても単純になった:FEDがバランス...
先週の記事です。最後の2段落だけ訳をいれておきます。 Gold’s Peculiar Surge Adam Hamilton February 21, 2020 3246 Words Gold is enjoying an awesome week, surging back above $1600 for the first time in nearly 7 years! That big round psychologically-heavy level is really catching traders’ attention, great improving sentiment. Yet this recent gold surge has proven peculiar. Unlike normal rallies, the buying driving this one largely hasn’t come from gold’s usual primary drivers. The stealth buying behind this surge may impair its staying power. This Tuesday gold surged 1.2% higher to close near $1602. It hadn’t crested $1600 on close since way back in late March 2013 fully 6.9 years ago! Long-time gold traders shudder at the dark spring which followed. Within less than several weeks after that last $1600+ close, gold plummeted 16.2%. Most of that came in ...
What Could Go Wrong? The Fed's Warns On Corporate Debt by Tyler Durden Thu, 05/09/2019 - 11:44 Authored by Lance Roberts via RealInvestmentAdvice.com, “So, if the housing market isn’t going to affect the economy, and low interest rates are now a permanent fixture in our society, and there is NO risk in doing anything because we can financially engineer our way out it – then why are all these companies building up departments betting on what could be the biggest crash the world has ever seen? What is more evident is what isn’t being said. Banks aren’t saying “we are gearing up just in case something bad happens.” Quite the contrary – they are gearing up for WHEN it happens. When the turn does come, it will be unlike anything we have ever seen before. The scale of it could be considerable because of the size of some...