Massengill Advisory LLC
+1 (855) 414-3968
  • Home

Don't blame China - this global economic slowdown is made in Europe

2/2/2019

 
Picture
The Federal Reserve has put its interest rate hikes on hold. The equity markets spent December crashing into bear territory. Profits warnings from major companies are starting to stack up, and finance ministers are bracing for a recession. There is unmistakable evidence that global growth is slowing down – and that is being widely blamed on a spluttering Chinese economy. 

But hold that. That’s nonsense. The actual figures show the source of the slowdown is not China at all. It is the eurozone. Of the three major engines of global growth, it is Europe’s that has stalled – and unless we recognise that, no one is going to be able to fix the problem. 

Read the rest of this article by Matthew Lynn at The Telegraph here.

Comments are closed.
    Picture

    Author

    Kevin Massengill is an entrepreneur, investor, and award winning Fortune 500 senior executive with a track record of massive business growth.

    View my profile on LinkedIn

    Archives

    September 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    January 2017
    September 2016
    August 2016

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.