Author Archives: Danielle Park

ECRI: cyclical downturn in global industrial growth just getting started

This is just the beginning of a broader downturn for commodities, according to Lakshman Achuthan, co-founder of the Economic Cycle Research Institute. Achuthan said it all comes down to cycles and this point of the cycle indicates a move lower. … Continue reading →

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What triggers a crash? Just psychology

John Hussman’s July letter kicks off with a timeless John Galbraith quote: And so on to the moment of mass disillusion and the crash. This last, it will now be sufficiently evident, never comes gently. It is always accompanied by … Continue reading →

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Pent down demand weighs on global growth and inflation

June’s US consumer price index (including clothes, groceries, restaurant meals, recreational activities and vehicles) increased 5.4% from a year ago, the highest 12-month rate since August 2008.  The so-called core price index, which excludes food and energy, rose 4.5% year … Continue reading →

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