Hong Kong Retail Sales Takes a Nose Dive
What happens when your stores are blocked with protestors every weekend. Hong Kong retail sales have tanked since protests began. In the months leading up, retail sales had been contracting year-over-year for four consecutive months. The reading for May came... Read More →
The Latest Giant Sucking Sound – US Stops Subsidizing Global Growth
The US stock market outperforms the rest of the world as the US begins removing subsidies. Forever, it seems, our macroeconomists and high-level policy experts have explained that the “free trade” deals they and their acolytes negotiated would promote economic... Read More →