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Recent Articles

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Goldman Sachs boosts Q3 GDP growth estimate to 1.9% from 0.9% after economic indicators exceed expectations, such as September rise in private-sector employment, narrowing trade deficit in August; analyst sees 35% odds of US recession in next 12 months

MIDF Research: Price pressures on producers in Malaysia to ease, given improving supply chain activities following decrease in Baltic Dry Index and recent correction in commodity prices; lowering pressures may drive firms to stop raising selling prices

Moody's: Negative outlook for global shipping industry with profits 'on track to slide by 70% next year' from record highs; Baltic Dry Index down by over a third from a year ago and container prices have fallen every week since peaking at start of 2022

August data from Bureau of Economic Analysis shows Americans have already burned through one third of their savings --nearly three times more than previously thought-- which could signal a slowdown in retail spending, raise likelihood of a recession

Bank of America: Interventions in last week have helped calm panicking markets but actions taken by Bank of Japan and Bank of England are 'not yet credible nor coordinated'; 'Bull & Bear' indicator remains unchanged at 'extreme bearish' level

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