Japan’s Disappointing Q3 GDP   Japan’s GDP in the third quarter was disappointing. As a result, this could prompt Prime Minister Kishida to back the huge supplementary budget that may be announced this weekend. In the past eight years, the…

Labor Force Gains   The U.S. labor market recovered in October 2021. The U.S. economy added 531,000 jobs, up from approximately 400,000 in August and September. The official unemployment rate continued to fall steadily, reaching 4.6%, only 1.1 percentage points…

Global Supply Chain Disruptions   Supply chain disruptions are the talk of the town throughout the world right now, leaving many to question future stability. Short-term interest rates energy prices are through the roof, as well. Thus, they’re playing a…

Erdogan on the Lira   After President Recep Tayyip Erdogan said he was seeking to expel 10 foreign ambassadors, the Turkish lira fell to a record low on Monday. At 11.45 am London time on Monday, the troubled currency was…