Investing.com (August 9)
“Inflation expectations among consumers in the U.S. have plunged, falling at the fastest rate ever in the history of the New York Federal Reserve’s monthly Survey of Consumer Expectations.” The July survey revealed “consumers expect inflation to rise 6.2% over the next year and 3.2% over the next three years,” down considerably from 6.8% and 3.6% in June’s survey.
Wall Street Journal (March 3)
“How in the world did Europe leave itself so vulnerable to Vladimir Putin’s energy extortion?” Less than two decades ago, EU nations “produced more gas than Russia exported. Yet European production has plunged by more than half over the last decade” while Russia “happily filled the supply gap.”
Tags: Energy extortion, EU, Europe, Export, Gas, Plunged, Production, Putin, Russia, Supply gap, Vulnerable
Washington Post (March 10)
The lack of candor “is now causing confusion and panic as Trump and his political lieutenants paint a picture of the spreading coronavirus that is utterly at odds with what the nation’s public health experts are saying…. As global markets plunged on Monday and the virus continued its inexorable spread, Trump continued comparing the virus to the ‘common Flu,’ during which ‘nothing is shut down.’”
Tags: Candor, Confusion, Coronavirus, Experts, Flu, Global markets, Panic, Plunged, Public health, Trump, Virus
CNN (January 3)
“Evidence is mounting that the US-China trade war is dealing a blow to the American stock market. Stocks plunged on Thursday after Apple (AAPL) blamed a big sales miss on slowing growth in China and rising trade tensions. China’s massive manufacturing sector… has tumbled into contraction. And trade trouble helped fuel the biggest one-month decline in US factory activity since the Great Recession.”
Tags: Apple, China, Contraction, Decline, Evidence, Great Recession, Growth, Manufacturing, Plunged, Stock market, Tensions, Trade war, U.S.
Bloomberg (October 12)
“China’s car market has been one of the most reliable engines of global growth for decades. Now that all might be coming to an end…. Purchases of passenger vehicles by dealerships plunged for a third straight month…. The industry is now facing the prospect of its first contraction since at least the 1990s.”
Tags: Car market, China, Contraction, Global growth, Passenger vehicles, Plunged, Purchases, Reliable
