The story of Chinese economy is perhaps the most important to understand the direction of global economy moving into 2025. This update does a deep dive into the Chinese economy and also discusses latest developments in the oil industry.
1. The Long Read: Is China’s Economy Really in Trouble? – PREMIUM
One of the major themes that has determined the direction of the global economy (and also oil prices) is the story of Chinese economy. There is a slew of indicators – some suggest stability, some improvement and others that points towards impending trouble. In many ways, the answer to the question if China’s economy is really in trouble depends upon the a) context it is being asked b) the timeline c) the perspective. This deep dive into China’s economy tries to analyze the question on all three points.
2. MST: Eurozone continues to face slowdown – what comes next? – PREMIUM
China’s economic policymakers have implemented fresh interventions to bolster confidence. The People’s Bank of China cut the benchmark interest rate and reduced the reserve requirement ratio, increasing liquidity. The Eurozone economy experienced a sharp slowdown as the third quarter neared its end. S&P Global’s Composite Purchasing Managers’ Index fell to 48.9, signaling contraction in private-sector activity in September. In the US, the Chicago Fed National Activity Index (CFNAI) showed improvement in August, rising to 0.12 from -0.42 in July. However, the three-month moving average decreased, signaling continued economic headwinds despite short-term recovery. Read the full article to guage the true direction of the Global Economy.
3. Primary Vision Insights – ENTERPRISE
You can’t miss Mark Rossano’s latest installment of the Insights as it talks about the latest developments in global oil markets in an immensely comprehensive manner. He goes on to relate this to the overall economic conditions in the U.S., Europe and China. A must read!
4. Profrac Holding’s Perspective in Q2: Key Takeaways – PREMIUM
In June, ACDC acquired Advanced Stimulation Technologies, a small frack service provider. The acquisition enhanced its earnings profile and improved its position in one of the most active onshore regions in the US. The company will invest in next-generation equipment that enables diesel substitution, utilizing natural gas as the primary fuel source. What does mean for the company? Read Avik Chowdhury’s latest to find out.
*Premium Subscribers
**Enterprise Subscribers
Learn more about a subscription here or email us directly: info@primaryvision.co
