We’re building fewer elevators and escalators — and it’s evidence that ‘growth might go to zero’
|07/17/2019||Posted by BusinessMediaguide.Com under General World News||
- Investor Kyle Bass says “real growth might go to zero.”
- UBS’s construction research shows the market for escalators and elevators has gone into stagnation — implying that large building construction is losing steam.
- AJ Bell noticed that freight shipping in the US suddenly went negative.
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There is no shortage of people worrying about an imminent downturn in the global economy. Here’s Kyle Bass, the founder Hayman Capital Management, telling the Financial Times, “Growth numbers are going to come down and real growth might go to zero.”
But what does the data say?
Two recent data read more >>>