Japan September Machine Orders Slump, Q3 Drop Largely as Expected; Q4 Rebound Seen 
–Japan Govt Downgrades View: Pickup in Machine Orders Pausing Vs. Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, posted the second straight month-on-month drop in September amid slowing global economic growth, as lower demand for freezers, construction machines, and turbines offset […]
BofA Global Research Fund Manager Survey: Recession Likely Despite Reduced Inflation Concern
By Vicki Schmelzer NEW YORK (MaceNews) – Despite diminishing inflation concerns, global investors saw recession as a likely outcome in the coming year, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. In November, a net 85% of fund managers looked for lower global consumer price inflation in the coming […]