We have collated Nasa satellite data showing concentrations of nitrogen dioxide before, during and since the lockdown in Wuhan on January — and as the coronavirus pandemic eases in China, the level of pollution is going up again https://t.co/2i6btmdRb6 pic.twitter.com/KqjeB7GevT — Financial Times (@FinancialTimes) March 30, 2020
China’s budding economic recovery provides not only provides some relief to global manufacturing but also insight and guidance into a timeframe when the rest of the world’s economy will restart. Real-time indicators show that China is re-starting its industrial complex…Clearly, the re-start is at an early stage, but things are gradually improving. — Sanford C. … More China Restarts Economy
The following video is probably the most credible evidence that life in China is returning to normal.
As private manufacturers in China struggle to restore production, most of the country’s 20,000 industrial companies controlled by the central government have increased production of masks, medicines, steel, heavy machinery and other products to maintain employment. China State Construction Engineering Corp. in Wuhan, for example, created more than 20,000 jobs for construction workers, engineers and … More China Turns To State-Controlled Enterprises to Cushion Economic Shock
The U.S. COVID-19 curve is going vertical as the virus spreads and new cases are finally being counted as testing is ramped up. Though political pressure is building to “open the economy,” we believe the economy will not begin to improve until serval weeks after the rate of change of these curves turns negative. Italy … More When Will The Economy Begin To Recover?
The U.S. dollar index is screaming to the upside, rising an unprecedented 7.99 percent in the past eight trading days. The index is set to take out its December 2016 high of 103.65, which would open the door to move higher as there is very little technical resistance until the 2001/02 highs at 121.02 Big … More Dollar Screaming To The Upside
It’s becoming pretty clear, at least to us, that the world is going to look much different on the other side of this crisis. Diminished global supply chains and more nationalism. Slower growth and higher inflation. The speed and trajectory will depend on the outcome of the November presidential election. Macron’s full address for those … More “The European Union borders and the Schengen borders will be closed”
Copper prices are down 17 percent since their Jan 16th 52-week high with no technical support in sight until $2.00 per pound, down another 16.6 percent from today’s close.
China’s industrial output fell more than expected as the coronavirus shutdown factories, across the nation. Industrial output fell13.5% in January and February from a year earlier, versus a median estimate for a 3% contraction. Retail sales fell 20.5% in the period, compared to a projected 4% fall. Fixed-asset investment dropped 24.5%, versus a forecast 2% … More China’s Industrial Output Plunges, GDP Headed For First Contraction On Record