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China Services PMI Tumbles To 7-Month Lows

With China coming back from Golden Week celebrations, all eyes are on PMI data (expected to be flat from August) as a sign that things are not getting any worse…

This Is What A Recession Looks Like

Do you remember what it was like in 2008 when it literally felt like no job was truly safe? It was a terrible time, and many fear that we could…

Watch Bitcoin-Mining Mega-Farm Burn To Ground In China

Watch Bitcoin-Mining Mega-Farm Burn To Ground In China On Monday, a video surfaced on social media which shows mining company Innosilicon’s monstrous data facility burning to the ground in China.…

New York Business Conditions Collapse

Just in case you thought the ISM number was a flukey ‘transitory’ one-off, the New York City ISM just plunged, with the outlook collapsing to its lowest since Feb 2009.…