Recessions start in the more volatile, higher stages of production and work their way through the economy like a pig in a python. China's manufacturing sector is contracting, the heavy industry and resource extraction provinces are in recession. There will be no painless rebalancing.
Thursday: Q1 GDP, Unemployment Claims, Pending Home Sales
-
[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, *Gross Domestic Prod...
No comments:
Post a Comment