Nike to Shed Light on Pinched US Consumers as Shares Sputter

Apparel, retail stocks lag market with borrowing costs rising Investors focus on back-to-school demand, annual outlook Nike Inc. is set to offer a crucial look at the financial health of American households as Wall Street frets over a growing list of headwinds to...

Why Are China’s Households in the Doldrums?

A perennial challenge with China’s growth model has been overly high investment spending relative to GDP and unusually low consumer spending, something which China has long struggled to rebalance. As China attempts to move away from credit-intensive,...

World Debt Surges to Record $307 Trillion, Rises as Share of GDP

Debt up a ‘staggering’ $100 trillion in past decade, IIF says Liabilities as a share of global GDP fell as inflation surged Global debt climbed by $10 trillion in the first half of 2023, resuming its upward march as a share of the world economy after falling for close...

How to Prepare for Deflation

Inflation has been a stressful reality for many Americans recently, having a marked impact on consumer budgets. But with inflation rates finally slowing, and the threat of a recession in the news, deflation is also a phenomenon many should prepare for. Deflation, or a...

Corporate Profit Growth Will Slow, Says The U.S. Fed

Michael Smolyansky, a senior Fed economist, claims corporate profit growth will slow appreciably. His case rests on corporate tax rates and interest rates. Access to his white paper, The coming long-run slowdown in corporate profit growth and stock returns, can be...