Wall Street Breakfast: Markets Lose Steam Amid Growth Jitters [Seeking Alpha]
IHS Markit Ltd. Common Shares (INFO)
Last ihs markit ltd. common shares earnings: 3/24 06:00 am
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Source: Seeking Alpha
Economy The world's second-largest economy is showing more signs of stalling, suggesting the latest economic stimulus measures enacted since the summer have failed to reverse flagging growth. Chinese retail sales grew at the slowest pace in 15 years in November and factory output was the weakest in nearly three years, underlining rising risks over the wider impact of a yet unresolved Sino-U.S. trade dispute. Eurozone business growth plummeted to a four-year low in December. IHS Markit's Flash Composite PMI slumped to 51.3, its weakest since November 2014, as the yellow vest protests in France - set for a fifth week this Saturday - and ongoing weak car demand exacerbated a widespread economic slowdown. It's a relatively gloomy picture to end the year on, said Chris Williamson, chief business economist at IHS Markit. Theresa May is going back to London empty-handed after racing to Brussels to get a few more legal and political reassurances from the EU regardin
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