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German March Industrial Output Plunges Over 9 Percent

by Jonathan Custer

In context, not surprising given global economy was shuttered.  What matters is the strength of the rebound as economies reopen. OUCH! German Industrial Production had historic plunge in March. Total industrial output – comprised of output in manufacturing, energy and construction – crashed 9.2% in March from Feb. Industrial output fell 11.6% YoY. pic.twitter.com/8D0ApYmP1p — …

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Pressure Builds On China Based Supply Chains

by Jonathan Custer

By Gary Evans and Jon Custer Custer Consulting Group The global pandemic is putting ever more pressure on global supply chains. Reuters reports the Trump administration is now “turbocharging” its efforts to punish China in an attempt to remove global supply chains from the Middle Kingdom through, among other things, the implementation of new tariffs. …

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Apple Posts 1 percent Y/Y Revenue Growth

by Jonathan Custer

quarterly earnings of $2.55, up 4 percent International sales accounted for 62 percent of the quarter’s revenue all-time record in services, $13.35 billion in revenue, up from $11.45 billion a year ago a quarterly record for wearables iPhone sales fell 6.7 percent to $28.96 billion from $31.05 billion a year prior iPad revenue fell 10.3 …

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