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AHA...Waking Up, Are We? CITIBANK SOUNDS ALARM: WORLD ECONOMY IN DEATH SPIRAL
Posted By: Watchman
Date: Friday, 5-Feb-2016 15:47:03
www.rumormill.news/39353
The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned.
Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.
"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.
"Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market."
Stubbs said that macro strategists at Citi forecast..
continue: http://www.cnbc.com/2016/02/05/citi-world-economy-trapped-in-death-spiral.html
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RMN is an RA production.
Articles In This Thread
- AHA...Waking Up, Are We? CITIBANK SOUNDS ALARM: WORLD ECONOMY IN DEATH SPIRAL
Watchman -- Friday, 5-Feb-2016 15:47:03
- Synchronicity? A mile north of Wall Street, a crane collapses, with one fatality. There is a video of the collapse.
MrFusion -- Friday, 5-Feb-2016 16:35:08
- About the video: 1) If it doesn't work on Firefox, use IE or Chrome. 2) RMN agents must use public site to view
MrFusion -- Friday, 5-Feb-2016 16:42:21
- Reader: "When this bank speaks, it speaks for its owner."
hobie -- Saturday, 6-Feb-2016 19:39:07
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