TS LOMBARD: “.. history shows that such hiring slowdowns have been precursors to recession, especially when occurring .. with an inverting yield curve. If the August employment data pull the three- month avg below 100k, this will all but ensure the Fed cuts rates 50bp in Sept”
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Fed / Sept
Alibaba’s e-grocer Hema Fresh's first member store will open on Oct.1 in Shanghai, it said today. The store covering 18,000 square meters has linked online and offline operations and poses a big threat to rival US big–box retailer Costco, which is set to enter China, pundits say.
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A start-up in London is on a mission to make wigs cool, with a focus on young, black men
Vietnam central bank reports 4.81% credit growth as of September 16 versus end-2019
The U.K. government tells the public to work from home if possible as the Covid-19 virus flares up again