What Is Coronavirus?
What exactly is coronavirus? Here's what you need to know about the China-linked mystery illness now confirmed in the U.S. pic.twitter.com/caaUP764uu — Bloomberg Originals (@bbgoriginals) January 22, 2020
Economy
Tentative & Sluggish Economic Recovery – IMF WEO
The International Monetary Fund (IMF) updated its World Economic Outlook (WEO) yesterday. The money quotes follow: Global Growth There are now tentative signs that global growth may be stabilizing, though at subdued levels. Some risks have partially receded with the announcement of a US-China Phase I trade deal and a lower likelihood of a no-deal …
U.S. Industrial Production Down 0.5% In December
Industrial production fell 0.3% in December, the third decline in the past four months, the Federal Reserve reported Friday. The decline was expected and reflected in the December unemployment report released last week, where manufacturing shed 12,000 jobs. Industrial production was down at a 0.5% annual rate in Q4. Production was down in three of …