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Factory orders, Architecture billing, Corporate outlook

Summary:
Rolling over: A growing list of companies from FedEx to BMW are warning about the world economy Executives at FedEx, BMW, UBS and others are describing bleak macro-economic conditions around the world this week, which they say are weighing on business. The head of UBS says it was “one of the worst first-quarter environments in recent history,” while FedEx cited slowing international conditions and weaker global trade growth trends.

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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

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Rolling over:

Factory orders, Architecture billing, Corporate outlook

Factory orders, Architecture billing, Corporate outlook

A growing list of companies from FedEx to BMW are warning about the world economy

  • Executives at FedEx, BMW, UBS and others are describing bleak macro-economic conditions around the world this week, which they say are weighing on business.
  • The head of UBS says it was “one of the worst first-quarter environments in recent history,” while FedEx cited slowing international conditions and weaker global trade growth trends.
  • WARREN MOSLER
    Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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