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Financial Times (February 26)

2023/ 02/ 28 by jd in Global News

These are, according to Citigroup analysts, “distinctly echoey times.” Their “research suggests that, if it is not careful, China may be on track for a new wave of Japanification.” China is now remarkably similar to Japan’s post-property bubble era in, for example, demographics. China’s population is “now shrinking as Japan’s did years earlier… a reminder that after 1990, Japan’s housing price index fell as the 35- to 54-year-old cohort decreased.” These and other factors call for warnings about “the potential risks for China’s banking system.”

 

Market Watch (November 15)

2022/ 11/ 17 by jd in Global News

“A bullish day is setting up for stocks after more upbeat news on inflation as producer prices fell more than expected.” But the relief rally is likely overdone. “Wall Street remains wary, with fresh warnings from two big banks.” On Monday, Goldman Sachs cautioned “clients that the relief rally in bonds and risky assets was ‘likely overdone,’” just as “one of Wall Street’s most vocal bulls — Marco Kolanovic of JPMorgan — cut his equity risk exposure for the second time in two months, and he also cited that big market bounce last week.”

 

The Economist (February 19)

2022/ 02/ 21 by jd in Global News

“With the candour that has wrong-footed Mr Putin, many Western security officials accused him of lying, redoubling their warnings of a looming Russian invasion. Even if the troops pull back, this crisis is not yet over. And, whatever happens, war or no war, Mr Putin has damaged his country by engineering it.”

 

The Week (May 23)

2021/ 05/ 25 by jd in Global News

In April, the Consumer Price Index (CPI) rose more sharply than it has in 13 years, “putting data behind the warnings that many economists and businesses have been issuing for weeks.” Inflation is dramatically here. “The question is how long it will stay.” The increase may stem from random coincidences (like a pipeline shut down and insufficient chip supply) or they could be transient symptoms of economic rebooting. But the upward swing might also prove harbinger of runaway inflation to come.

 

Bloomberg (February 21)

2021/ 02/ 22 by jd in Global News

“The American love affair with stocks is deepening as everyone from frenetic day-traders to staid institutions dive further into the market…. While aspects of the craze—the growing obsession with penny stocks and options, primarily—are the basis for daily warnings about a bubble, bulled-up positioning is proving a sturdy backbone for the rally.”

 

The Irish Times (July 10)

2019/ 07/ 12 by jd in Global News

“The Brexit planning document published by the Government on Tuesday is reminiscent of the warnings about the Irish economy and housing market that proliferated in the first phase of the economic crash a decade ago. It is one of the most alarming documents ever published by an Irish government…. Written in low-key officialise, it is a sobering read.”

 

USA Today (February 11)

2019/ 02/ 12 by jd in Global News

“Food shortages, sky-rocketing cheese prices, grounded airplanes, traffic jams, riots and yes, a repurposed Cold War-era emergency exit route for Buckingham Palace’s most famous 92-year-old wearer of colorful big hats, are just some of the warnings being sounded in Britain if the nation leaves the bloc it joined 46 years ago without securing a withdrawal deal with the EU that’s also acceptable to British lawmakers.”

 

Bloomberg (January 24)

2018/ 01/ 26 by jd in Global News

This April, Capetown may become the first “great world city” to run out of water. Experts now expect “the reservoirs that feed this most beautiful of coastal cities will drop below critical levels, and stand at 13.5 percent of capacity. Taps will run dry in homes and businesses, and residents may have to start lining up” to fill containers with no more than “25 liters per person, as the city government desperately tries to reduce water consumption.” This is what happens when you “ignore warnings, underinvest and pretend that the rain will fall.”

 

Washington Post (January 24)

2016/ 01/ 25 by jd in Global News

“The Washington region on Sunday lurched fitfully from under one of the heaviest snowfalls in memory, with federal and local governments set to be closed on Monday, the Metro system prepared to offer severely limited service Monday, and authorities warning that it could take days for the plows to reach some residential streets.”

 

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