The United States: Here is Goldman’s Current Activity Indicator for the US.
China: Corporate revenues and margins worsened in the fourth quarter of 2018.
The Eurozone: Italy’s manufacturing orders have declined for five months in a row, keeping factory output in contraction territory.
Credit: 2018 set a record for syndicated loan issuance. It may be a while before we see such volumes again.
Emerging Markets: EM non-financial debt has risen substantially over the past few years.
Global Developments: The aggregate central bank balance sheet is contracting.
Food for Thought: Which tasks would entrepreneurs like to offload?
How stressful are the following activities for entrepreneurs?
Edited by Joseph Cohen
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