Market comment 2019

[admin]

Three of Europe's largest economies are under threat of recession, which could spell a crisis across Europe. Dozens of companies in Germany have turned to "short-time" work — cutting employee hours — a canary in the coal mine of industrial weakness Britain could also already be in a recession despite having not left the EU due to the uncertainty caused by Brexit.

 The UK, German and Italian economies are all tanking at the same time | Markets Insider

This year, for a variety of reasons, and some we will touch on in this article, domestic production and shale growth in particular have hit a wall. The latest report from EIA shows a decline that breaks the upward trend line.

 U.S. Shale: Peak Oil Finally Arrives | Seeking Alpha