Today’s economic numbers from U.S. (good) and China (bad)
The first (advanced) estimate of U.S. GDP for the fourth quarter showed the U.S. economy growing at a 2.6% annual rate. Economists surveyed by Briefing.com had forecast 2.3% growth. For all of 2018 the economy grew at a real rate (that is after inflation) of 2.9% in...Aixtron’s warning sums up exactly what the market is afraid of this earnings season
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Chinese stocks climb on bad GDP news–but by so little as to signal belief that stimulus is still a way off
Markets in Hong Kong and Shanghai were up overnight as traders decided that the bad news on China’s economic growth in the first quarter brings the People’s Bank of China closer to intervening to stimulate the economy. But the relatively small upward move in the indexes says that much of the market remains worried that growth will slow further before the bank decides to move.
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