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THE WOLF STREET REPORT

Summary:
And This Isn’t Even a Global Recession Yet. Auto sales plunged in China over the past four months. What was particularly disconcerting was the sharp deterioration at the end of the year in other markets, not just China. Each market has its own problems, but they’re sure coming together at an awkward moment (13 minutes). [embedded content] “What we witnessed in November and December was just extraordinary.” Read…  Bottom Suddenly Falls Out of Demand in China in Many Sectors     Would you like to be notified via email when WOLF STREET publishes a new article? Sign up here.

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And This Isn’t Even a Global Recession Yet.

Auto sales plunged in China over the past four months. What was particularly disconcerting was the sharp deterioration at the end of the year in other markets, not just China. Each market has its own problems, but they’re sure coming together at an awkward moment (13 minutes).

“What we witnessed in November and December was just extraordinary.” Read…  Bottom Suddenly Falls Out of Demand in China in Many Sectors

  
 

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Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

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