"Although picking up slightly, the overall rate of growth in September remained among the weakest since 2016, commensurate with GDP rising in the third quarter at a subdued annualized rate of approximately 1.5%."
"The manufacturing numbers are simply awful. All the uncertainty around trade wars, the outlook for the car industry and Brexit are paralyzing order books, with September seeing the worst performance from the sector since the depths of the financial crisis in 2009."
Draghi will undoubtedly enter the history books in the “what not to do” section...the only central bank chieftain who didn’t raise interest rates even once during his entire term.
"the trip was canceled out of concern that it would turn into a media circus and give the misimpression that China was trying to meddle in American domestic politics."
The Fed "may have to expand the central bank’s balance sheet through outright purchases of U.S. Treasury securities, to ensure stable liquidity conditions at the end of the quarter as well as at year-end."
Republicans hold starkly different views from Democrats which is not unusual in that those who identify with the party in the White House are typically more positive than others about the nation's economy.
