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"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns
Confirming our Sunday preview, overnight China reported growth data which slowed across the board in April with investment resuming declines, retail sales missing sales and growing at the weakest rate in 4 years while industrial production rose at the slowest pace in three years, calling into question Beijing's reluctance to add stimulus to the economy as a global energy crisis hits factories and consumers across the world. China's Monday data dump of official data on Monday painted a picture of an economy where booming exports no longer offset deteriorating consumption at home, prompting analysts at banks including ... (full story)
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May 18, 2026 12:42pm
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I have been asked by the Emir of Qatar, Tamim bin Hamad Al Thani, the Crown Prince of Saudi Arabia, Mohammed bin Salman Al Saud, and the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, to hold off on our planned Military attack of the Islamic Republic of Iran, which was scheduled for tomorrow, in that serious negotiations are now taking place, and that, in their opinion, as Great Leaders and Allies, a Deal will be made, which will be very acceptable to the United States of America, as well as all Countries in the Middle East, and beyond. This Deal will include, importantly, NO NUCLEAR WEAPONS FOR IRAN! Based on my respect for the above mentioned Leaders, I have instructed Secretary of War, Pete Hegseth, The Chairman of The Joint Chiefs of Staff, General Daniel Caine, and The United States Military, that we will NOT be doing the scheduled attack of Iran tomorrow, but have further instructed them to be prepared to go forward with a full, large scale assault of Iran, on a moment’s notice, in the event that an acceptable Deal is not reached. Thank you for your attention to this matter! President DONALD J. TRUMP TRUMP HALTS IRAN STRIKE — FOR NOW “President Trump says he has postponed a planned U.S. military strike on Iran after requests from Qatar’s Emir Tamim bin Hamad Al Thani, Saudi Crown Prince Mohammed bin Salman, and UAE President Mohamed bin Zayed. According to Trump,…
From think.ing.com | May 18, 2026
China’s retail sales slowed to just 0.2% year-on-year in April, down from 1.7%, coming in much worse than market forecasts for a modest acceleration. This was the slowest month of growth since 2022. The weakness of retail sales was broad-based. There are two key themes for this month's data. The first theme is that we're now paying the price for ...
US proposed temporary waiver on Iran oil sanctions - Tasnim US HAS ACCEPTED THE LIFTING OF IRAN'S OIL SANCTIONS IN ITS NEW TEXT : A SOURCE CLOSE TO THE NEGOTIATION TEAM TOLD TASNIM THAT UNLIKE ITS PREVIOUS TEXTS, THE US HAS ACCEPTED IN THE NEW TEXT TO WAVE IRAN'S OIL SANCTIONS DURING THE NEGOTIATION PERIOD. || WAVING THE SANCTIONS MEANS A… - Waving the sanctions means a temporary lifting of the sanctions. - Iran insists that the removal of all sanctions on Iran must be part of the US commitments. However, the US has proposed a temporary OFAC waiver until the final agreement. - Tasnim #OOTT Iran has decided to one-up Axios on the "wishful news" ahead of the market open front. Latest from Tasnim is that US agrees to lift Iran oil sanctions in new text (zero indication of this from the US) A source close to the negotiating team told Tasnim that, contrary to their…
