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Weak China Exports Point to Slumping Global Demand
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Weak China Exports Point to Slumping Global Demand

A reminder that the global economy is not out of the woods

David Rosenberg's avatar
David Rosenberg
Nov 07, 2023
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Early Morning with Dave
Early Morning with Dave
Weak China Exports Point to Slumping Global Demand
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Highlights

  • U.S. equity markets are set to snap their recent string of gains 

  • The slump in global manufacturing continues as China and Germany post weak data 

  • The divergence between leading and coincidental indicators is a strong recession signal 

  • November’s job report lacked breadth as well as depth 

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