AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone
 

 Global Economic Slump Imminent As Korean Exports 'Canary' Crashes

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Global Economic Slump Imminent As Korean Exports 'Canary' Crashes Vide
PostSubject: Global Economic Slump Imminent As Korean Exports 'Canary' Crashes   Global Economic Slump Imminent As Korean Exports 'Canary' Crashes Icon_minitimeWed Jan 02, 2019 4:08 pm
In the latest sign that the slowdown in China and the global trade war is weighing on global commerce, South Korea’s exports fell  in December. The 1.2% YoY decline was dramatically below the +2.5% YoY expected and missed even the most pessimistic forecast (which was still a rise).

Global Economic Slump Imminent As Korean Exports 'Canary' Crashes 2019-01-01_6-16-35

Korean exports were hit by falling memory-chip and oil prices and cooling demand from China and imports also disappointed, rising 0.9% YoY.

Exports to China dropped 13.9% in December over a year earlier, as trade friction with the United States weighed on demand from the largest buyer of South Korean goods.

Global Economic Slump Imminent As Korean Exports 'Canary' Crashes 2019-01-01_6-49-44

South Korea is the first major exporter to report trade data each month, so provides an early reading of global trade; and as the world's leading exporter of computer chips, ships, cars and petroleum products, December's data is a major red flag for the global economy.

As the chart below shows, Global equity market earnings growth (and contraction) is extremely tightly correlated to Korean export growth (or contraction)...

https://www.zerohedge.com/news/2019-01-01/global-economic-slump-imminent-korean-exports-canary-crashes?fbclid=IwAR1YQaeOwgUETm-FHqlgREDTV6lp-maVVuDjXVtIHfI1XiC0tIJfdKxqcAQ
Back to top Go down
 

Global Economic Slump Imminent As Korean Exports 'Canary' Crashes

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps' Laissez-faire Free Trade Zone
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Free forum | ©phpBB | Free forum support | Report an abuse | Forumotion.com