John Lounsbury | TalkMarkets | Page 5
Managing Editor/Co-Founder of Global Economic Intersection
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John Lounsbury is the managing editor and co-founder of the Global Economic Intersection. Global Economic Intersection (Econintersect.com) focuses on the economic effects on finance, investing, social interactions, and politics/public policy. It features ...more

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Japan: Exports In Trouble
Japanese exports fell unexpectedly in June by 2% year-over-year. Bloomberg says the median forecast had been for a 1% increase. Imports increased by 8.4% year-over-year, producing a trade deficit of ¥822.2 billion ($8.1 billion).
China: Manufacturing PMI Continues Advance
The HSBC China Manufacturing PMI rose further to 52.0 in the flash reading for July. Both new orders and new export orders expanded at a faster pace than in June.
Russia-Ukraine: How Bad Can It Get?
According to The World Bank, Russia exported energy amounting to 80% of its energy consumption in 2011. According to the U.S. EIA petroleum exports amounted to 7.20 million barrels per day and natural gas 6.25 billion cubic feet.
Employers Are Discriminating Against Republicans
While more than one in three Americans (35%) say now is a good time to find a quality job, the percentage of Democrats who say it is a good time to find a job is a whopping 50% higher than for Republicans.
China: GDP Holds The Line
China has delivered its first preliminary GDP growth report for second quarter 2014. The economy grew by 7.5% year-over-year, up slightly from the final first quarter growth of 7.4%.
The 2014 Long-Term Budget Outlook
Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing its debt to soar. The total amount of federal debt held by the public is now equivalent to about 74 percent of the economy’s annual output.
WTO: U.S. Tariffs On Steel And Solar Panels 'Improper'
Many of the tariffs imposed by the U.S. between 2007-2012 are not valid according to a ruling from the World Trade Organization (WTO).
FINRA: Wall Street Protection Racket?
ThinkAdvisor has conducted a number of interviews of brokers and advisors in the early to mid second quarter.
Japan: Machinery Orders Collapse (Or Do They?)
he latest number from Japan, the new machinery orders for May 2014, have created an outpouring of dramatic headlines proclaiming the Japanese economic recovery is at least in doubt and, in some cases, at an end.
China: Inflation And Deflation Both Moderated In June
China's CPI (Consumer Price Index) was 2.3% in June (year-over-year), down from 2.5% in May and well below the official target of 3.5% set by the government.
China Services PMI Expands, Composite PMI Surges
The composite PMI for China from HSBC surged to 52.4 in June, up from 50.2 in May. The manufacturing index returned to expansion (50.7) after six months below 50. New orders were especially strong.
Eurozone Growth Slows
The Markit Flash (preliminary) Composite PMI for the Eurozone is still well above the 50 mark between expansion and contraction with a reading of 52.8 for June. This is down from 53.5 in May and the lowest reading in six months.
Japan: Exports Decline In May
Japan suffered the first year-over-year drop in exports in fifteen months in May 2014. Loss of exports to Asia and the U.S. were at the heart of the decline.
U.S. Healthcare: Dead Last
The U.S. continues to rate very poorly for healthcare among wealthy countries.
India: Industrial Production Surges
Industrial Production (IP) for India rose at rate of 3.4% in April. The primary drivers were electricity generation and manufacturing.
China: Inflation And Deflation Battle
Food prices in China rose in May by 4.1% year-over-year, pushing the overall CPI (Consumer Price Index) up by 2.5%.
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