World economy edges closer to a recession as trade fears spread – BNN Bloomberg
— Read on www.bnnbloomberg.ca/world-economy-edges-closer-to-a-recession-as-trade-fears-spread-1.1298222
Chinese economy: China releases July 2019 trade data, exports, imports
Beijing says U.S. dollar-denominated exports in July rose 3.3% from a year ago while imports fell 5.6% during the same period.
— Read on www.cnbc.com/2019/08/08/chinese-economy-china-releases-july-2019-trade-data-exports-and-imports.html
Companies Use Borrowed Billions to Buy Back Stock, Not to Invest – Bloomberg
The long-standing relationship between corporate debt and capital expenditures has broken down.
— Read on www.bloomberg.com/news/articles/2019-08-08/companies-use-borrowed-billions-to-buy-back-stock-not-to-invest
World Economy Edges Closer to a Recession as Trade Dread Deepens – Bloomberg
The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.
— Read on www.bloomberg.com/news/articles/2019-08-07/world-economy-edges-closer-to-a-recession-as-trade-fears-spread
Fitch Analysts Don’t See Grounds for Panic Over Canadian Debt – Bloomberg
Those looking for evidence of an imminent debt crisis in Canada won’t find it in the latest credit card data.
— Read on www.bloomberg.com/news/articles/2019-08-06/fitch-analysts-don-t-see-grounds-for-panic-over-canadian-debt
Infographic: How Different Generations Think About Investing
Each generation was shaped by unique circumstances, and these differences translate directly to the investing world as well.
— Read on www.visualcapitalist.com/how-different-generations-think-about-investing/
Infographic: Ranking the Top 100 Websites in the World
The top 100 websites ranking reveals how people around the world search for information, which services they use, and how they spend time online.
— Read on www.visualcapitalist.com/ranking-the-top-100-websites-in-the-world/
SoftBank’s Profit Beat Shows Its Vision Fund Is Delivering
(Bloomberg) — Masayoshi Son can’t wait to wash his hands of Sprint Corp.SoftBank Group Corp. will stop consolidating the U.S. carrier in its results starting next earnings report, anticipating a successful merger with T-Mobile USA Inc. despite questions over the deal’s eventual closing. That accounting
— Read on ca.finance.yahoo.com/news/softbank-vision-fund-delivering-061239307.html
Shale Billionaire Hamm Says Little Value in His Public Listing
(Bloomberg) — It’s such a bad time to be a publicly traded oil company that Harold Hamm, the billionaire founder and chief executive officer of Continental Resources Inc., was asked whether it’s still worth it.“In today’s market, we don’t see a lot of value in it,” Hamm said Tuesday on the company’s
— Read on ca.finance.yahoo.com/news/shale-billionaire-hamm-says-little-193429636.html
Brent Crude Steadies After Entering Bear Market on Trade War
(Bloomberg) — Brent crude steadied after falling into a bear market as concern the U.S.-China trade war will continue to sap demand outweighed an industry report showing American crude stockpiles are still shrinking.Futures traded near $59 a barrel in London after settling 1.5% lower on Tuesday, taking
— Read on ca.finance.yahoo.com/news/oil-extends-slide-heightened-trade-223137767.html