Posted on 02/05/2016 8:50:37 AM PST by Enlightened1
The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned.
Some analysts -- including those at Citi -- have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.
"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.
"Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market."
Some analysts -- including those at Citi -- have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.
"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.
(Excerpt) Read more at cnbc.com ...
Obamagedden.
Driven down by socialists.
Lots of dictators, tyrants , socialists, communists and armies running the show around the world. For me this is not unexpected and why we need to be more nationalist minded and less about being like socialist.
Beelzebama, the son of lies..
The world economy is limping along, waiting for the life-sucking Obama regime to end.
Exactly!
Thank you Jim.
I'd want my fees back.
Gasoline is down but beer is up. I don’t like the trend here.
CNBC Answer to this is ANOTHER TARP..... I’m not joking
Well seems to me that slowing factory orders really don’t affect an economy without any factories. The USA via off shoring put in place a permanent recession that isn’t really that volatile just kind of a gentle glide slope into econmic oblivion....
I’ve seen it. Pizza in my grocery store is dirt cheap.
Grocery prices have yet to hit rock bottom.
Da! They are just now saying this? How is it I have Know what was coming for YEARS!!! Remember those who tried to Warn you and those who LIED to you!
The Enemy is within and until we deal with that Enemy we will Never be able to Deal with the Enemy’s outside the Nation.
I noticed the price of Steaks at restaurants have gone up.
Ditto milk.
Read an article by Peter Schiff (I know..gloom and doom)that predicted negative interest rates later this year.
That would mean the federal reserve lowering the 1/2 point it raised a few weeks ago, then on to negative. Another article I read dayz ago confirmed what Peter Schiff predicted.
The feds were wanting to stress test banks to determine the results of negative interest rates. Yikes.
Huh? Its supposed to be deflation.
The Washington cartel is evil, probably having a lot to do global economic problems, if not the root of such problems.
So I wonder, if the Founding States had thought to give the states and the people the constitutional power to recall bad federal lawmakers, presidents and justices, if the global econony would be in the bad shape that it is now in.
The middle class is disappearing and price levels are unsustainable.
If no one can afford the “exhibition of the prices” it all has to go somewhere.
No wonder its headed for a crash.
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