Growth is slowing in emerging markets. Established economies can't getinto gear. Oil's down, again.
Prices the world over are falling. The global level of low inflation we're seeing is bad, but not half as bad as the word being used to describe it: 'lowflation'.
The term lowflation has gained traction due to "a shifting mindset in financial markets, as investors come to expect perseverant low or falling prices", said Quartz.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"When widespread, enduring price declines are seen to be the norm, it can spark a vicious cycle of falling profits, investments, jobs and income, which in turn further depress economic activity."
"The difference between that and deflation' is just a matter of degree."
-
Chinese stocks slump on first trading day of 2025Chinese stocks suffered in the new year from their worst first day of trading since 2016, despite a state stimulus package
-
Is now a good time to buy UK housebuilders?Recent share price falls could make UK housebuilder stocks undervalued, though there is a great deal of market uncertainty to contend with
