Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (69950)	9/21/2022 5:43:42 PM
From: Don Green	1 Recommendation Recommended By ajtj99 Respond to of 97957

A global manufacturing slowdown suggests worse is to come Recession would be brutal for countries that have still not recovered from covid-19 The Economist “Is a global recession imminent?” asks a new report by the World Bank. The answer—that one very well might be—will not be a surprise to manufacturers. In August, global manufacturing output shrank relative to the month before, and new orders fell for the second month in a row, according to JPMorgan Chase, a bank. As economic woes mount, worse could be ahead, for factories and the broader economy. Last year, industry enjoyed an epic boom. Consumers, bolstered by generous covid-19 relief, splashed out on goods, and the easing of lockdowns allowed factories to make up lost ground. The value of manufacturing output leapt to over $16trn, representing the highest share of global gdp in nearly two decades. Roaring industry powered a banner year for the world economy, with overall global output rising by 6.1%, the fastest pace on record, despite supply-chain problems.