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Four Main Economic Drivers Sputtering: Saxo Bank Charts

IMG Auteur

Mish

Global Economic Analysis

Published : October 12th, 2018

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Category : Crisis Watch


	Here's a collection of charts from Saxo Bank's CIO and Chief Economists Steen Jakobsen. Global Growth Sputtering Steen gives four reasons global growth is sputtering. Her are some of his charts. Federal Tax Collections Speculative Positioning Sputtering Growth Inflation Coming? Stock Market Breadth Apple Too Successful Price of Money Rising Fast Tax Collections and Homebuilders It's understanding why the Trump tax cuts impacted corporate tax collections, but if one truly believes huge hiring is in place, personal tax collection is another matter. Homebuilders are a disaster as has been recent housing data. And the global economy does not exactly look robust. China did not diverge from the global economy in 2008 and the US won't in 2019.

Source : moneymaven.io

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com

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