{"id":50714,"date":"2020-01-26T09:21:48","date_gmt":"2020-01-26T14:21:48","guid":{"rendered":"https:\/\/olduvai.ca\/?p=50714"},"modified":"2020-01-26T09:21:50","modified_gmt":"2020-01-26T14:21:50","slug":"will-coronavirus-crater-hopes-of-a-global-recovery-as-world-trade-tumbles","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=50714","title":{"rendered":"Will Coronavirus Crater Hopes Of A Global Recovery As World Trade Tumbles?"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/economics\/global-recovery-derailed-trade-plunges-amid-new-fears-coronavirus-pandemic\">Will Coronavirus Crater Hopes Of A Global Recovery As World Trade Tumbles?<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The global economy is faced with a&nbsp;<a href=\"https:\/\/www.zerohedge.com\/markets\/majority-ceos-fear-persistent-global-slowdown-most-2009\">synchronized slowdown<\/a>&nbsp;as central bank ammunition to fight the next global recession is limited.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Monetary authorities across the world have slashed interest rates 80 times over the last 12 months and printed upwards of $1 trillion over four months to counter the slowdown.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The only apparent solution central bankers have offered is a liquidity-fueled massive stock market melt-up<\/strong>&nbsp;across the world that rivals the end years of the Dot Com bubble (and the liquidity-fueled meltup around Y2K). These unelected officials&nbsp;have also provided forward guidance on how an epic V-shape recovery in the real economy is imminent.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/bfmACC6_0.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The only problem today that market watchers like ourselves have noticed \u2013 is that&nbsp;<strong>traditional monetary policy has had a challenging time stimulating growth in developed and emerging economies.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Data from&nbsp;<a href=\"https:\/\/www.cpb.nl\/sites\/default\/files\/omnidownload\/CPB-World-Trade-Monitor-November-2019.pdf\">Netherlands Bureau for Economic Policy Analysis<\/a>&nbsp;(CPB) showed Friday that&nbsp;<strong>global trade volume continued to contract in November,<\/strong>&nbsp;marking one of the most extended stretches of negative growth since the end of the financial crisis.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/annual%20chg%20world%20trade.png\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">According to CPB, world trade slipped 0.60% in November over the prior quarter and was down 1.1% compared to the same month a year ago.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/bfmACC6_0.jpg?itok=L4ZpcT9w\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will Coronavirus Crater Hopes Of A Global Recovery As World Trade Tumbles? The global economy is faced with a&nbsp;synchronized slowdown&nbsp;as central bank ammunition to fight the next global recession is limited.&nbsp; Monetary authorities across the world have slashed interest rates 80 times over the last 12 months and printed upwards of $1 trillion over four [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4],"tags":[28862,1849,28849,4318],"class_list":["post-50714","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","tag-centra-banks","tag-financial-markets","tag-wuhan-virus","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50714"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50714\/revisions"}],"predecessor-version":[{"id":50715,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50714\/revisions\/50715"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}