The Street
March 14, 2016
The U.S. stock market has been rising since Feb. 11 in anticipation of a positive reaction to this week's Federal Reserve meeting and its resulting statement, as well as Chief Janet Yellen's press conference on March 16.
Haver
March 7, 2016
During February, the Fed’s Labor Market Conditions index deteriorated to the greatest degree since June 2009, the last month of the recession. Last month's weakening runs counter to the improvement in payroll employment reported Friday, because it also reflects other weaker indicators in the report, including the stable unemployment rate, the decline in hours worked, the drop in average hourly earnings and the rise in the average duration of unemployment.
Bloomberg
March 8, 2016
Weaknesses in the economies of France and Italy, the eurozone's second- and third-largest, could spread to other countries if leaders don't act, the European Commission warned. "The main reasons for concern are the persistence of high levels of indebtedness, be it public, private or external, vulnerabilities in the financial sector and/or deteriorating competitiveness," said European Commission Vice President Valdis Dombrovskis.
Xinhuanet.com (China)
March 8, 2016
South China Morning Post (Hong Kong)
Tuesday, March 8, 2016
China's exports plunged to 821.8 billion yuan last month, a 20.6% drop from a year earlier, the General Administration of Customs said. The trade surplus plummeted to 209.5 billion yuan, a 43.3% year-over-year decline.
South China Morning Post
March 9, 2016
China's goals of growth, reform and stability are an "impossible trinity" that can't be reached at the same time, Moody's Investors Service said in a report. "While the combination of growth and stability might seem to minimise risks in the short run, it is likely to leave unaddressed, in the long run, the deep imbalances evident in China's economy, thereby increasing the long-term adjustment costs," the report said.
Reuters
March 11, 2016
The New York Times
Thursday, March 10, 2016
March 10, 2016
Barron's
The People's Bank of China is moving to allow banks to swap nonperforming commercial loans for equity interests in the companies that borrowed money from them, sources said. The government hopes the policy will stimulate China's slowing economy by making loans available for investment.
Barron’s
March 14, 2016
While Mario Draghi’s crew last week said it will lower the rate the ECB charges banks by 10 basis points, to minus 40 basis points, they came up with a new twist. The ECB would provide banks with long-term cash, free of charge, but the central bank will pay the banks 40 basis points if they actually make loans with the money.
Barron’s
March 14, 2016
PC sales fell by 10.6% in 2015, according to IDC, the worst decline on record.
International Business Times
March 7, 2016
Business Insider
Monday, March 7, 2016
The global economy is facing turbulence as central banks exhaust their policy options, the Bank for International Settlements reports. "We may not be seeing isolated bolts from the blue but the signs of a gathering storm that has been building for a long time," Claudio Borio, head of the Monetary and Economic Department, wrote.
Oxford Economics
March 14, 2016
The economy appears to have regained some momentum after slowing in late 2015. Solid income and employment growth will support consumer outlays and housing activity. Overall, we increased our 2016 GDP growth forecast by a tick to 2.1%, on weaker imports momentum, but lowered our 2017 growth outlook by 0.1pp to 2.4% on softer net exports and business investment. In this environment, we expect the next Fed rate hike will come in September.

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