Tag Archives: construction
The Muted Delight of the Forthcoming Recession
One week down. Fifty-one more to go. No doubt, this has been a wild start to the New Year. We expect many more to follow. For example, on Monday, Chinese investors overloaded the Shanghai Stock Exchange. An abundance of traders … Continue reading
Posted in Economy, MN Gordon
Tagged china, construction, interest rate, janet yellen, manufacturing, shanghai stock exchange, trade
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Death of the Consumer and Other Miracles
Something peculiar is going on. One data point says the economy’s improving. Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go. For example, according to data released Tuesday, manufacturing and construction spending … Continue reading
Posted in Economy, MN Gordon
Tagged bubble, construction, consumers, manufacturing, saving, spending
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