Negative Interest Rates Threaten the Financial System

(Bloomberg Opinion) — Former Federal Reserve Chairman Alan Greenspan recently said he wouldn’t be surprised if yields on U.S. bonds turned negative and if they do, it wouldn’t be “that big a of a deal.” That seems to be a sentiment widely held in central banking circles these days, but it’s wrong. Negative
— Read on ca.finance.yahoo.com/news/negative-interest-rates-threaten-financial-090010984.html

Think August Was Bad? Here Comes Worst Month for Canadian Stocks

(Bloomberg) — After enduring a bumpy ride in August, investors in Canadian stocks need to brace for more volatility in September, typically the worst month of the year for equities.In the past 10 years, the S&P/TSX Composite Index has dropped an average 1.5% in September, as the end of summer, return
— Read on ca.finance.yahoo.com/news/comes-worst-month-canada-stocks-123451218.html

Electric Car Sales Fall for First Time After China Cuts Subsidy

(Bloomberg) — Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market.Monthly sales worldwide fell 14% to about 128,000 plug-in passenger electric vehicles,
— Read on ca.finance.yahoo.com/news/electric-car-sales-fall-first-060600502.html

U.S. Manufacturing Contracts for First Time in Three Years – Bloomberg

U.S. factory activity unexpectedly contracted in August for the first time in three years as shrinking orders, production and hiring pushed a widely followed measure of manufacturing to its lowest level since January 2016.
— Read on www.bloomberg.com/news/articles/2019-09-03/u-s-manufacturing-contracts-for-first-time-in-three-years

Morgan Stanley: Get defensive as ‘recession fears emerge’

Morgan Stanley’s Mike Wilson is advising clients to dump growth stocks and buy defensive names as the “demand destructive” tariffs are fanning recession fears.
— Read on www.cnbc.com/2019/09/03/morgan-stanley-get-defensive-as-recession-fears-emerge.html