U.S. Recession Seen Within Next 4 Years


U.S. Recession Seen Within Next 4 Years
BY JOSH ZUMBRUN
The Wall Street Journal Europe
Oct 14 2016

The U. S. faces one of two scenarios: Either the next president will face a recession in office, or the U. S. will have the longest economic expansion in its history. Odds are that a recession is more likely. Economists in The Wall Street Journal’s…read more…

U.K’s Exit Plans Leave Questions


U.K’s Exit Plans Leave Questions
STEPHEN FIDLER
The Wall Street Journal Europe
Oct 14 2016

Theresa May’s counterparts in Europe are taking her at her word. And some of them are interpreting her word as signaling a hard break between the U.K. and the European Union. That has prompted a toughening in tone from leaders on the other side of the…read more…

Thai King’s Death Heralds Uncertain Era


Thai King’s Death Heralds Uncertain Era
BY JAMES HOOKWAY
The Wall Street Journal Europe
Oct 14 2016

BANGKOK—Thailand’s King Bhumibol Adulyadej, the world’s longest-serving monarch, died Thursday aged 88, heralding a potential new bout of instability for the politically volatile country and its military rulers. News from the royal palace Sunday that…read more…

CandidatesSplit inKeyStates


CandidatesSplit inKeyStates
BYMICHAEL C. BENDER
The Wall Street Journal Europe
Oct 14 2016

Democratic presidential nominee Hillary Clinton holds a four- percentage- point lead in North Carolina and trails her Republican rival Donald Trump by one point in Ohio, according to a new Wall Street Journal/NBC News/Marist poll. Mrs. Clinton was…read more…

Chinese Figures Send Global Stocks Lower


Chinese Figures Send Global Stocks Lower
BY RIVA GOLD AND CORRIE DRIEBUSCH
The Wall Street Journal Europe
Oct 14 2016

Stocks fell around the world as investors responded to Chinese statistics that raised concern about the health of the world’s second- biggest economy and the outlook for global demand. The Stoxx Europe 600 ended the day down 2.94 points, or 0.9%, at…read more…

The Megarich Get Bruised but Numbers Grow


The Megarich Get Bruised but Numbers Grow
BY BRIAN BLACKSTONE
The Wall Street Journal Europe
Oct 14 2016

Even billionaires get the blues. The world’s megarich fell on some harder times in 2015 with their collective wealth sagging by $ 300 billion and their fortunes failing to even match the performance of global stock markets, according to a study…read more…

Fed Frets As Debt At Firms Piles Up


Fed Frets As Debt At Firms Piles Up
BY KATY BURNE AND MATTWIRZ
The Wall Street Journal Europe
Oct 14 2016

Federal Reserve officials are concerned about rising corporate borrowing levels. According to the minutes from the Fed’s late September policy meeting, released Wednesday, some members of the Federal Open Market Committee worried that some…read more…

Low Rates Hurt Banks in Multiple Ways


Low Rates Hurt Banks in Multiple Ways
— Paul J. Davies
The Wall Street Journal Europe
Oct 14 2016

Ultralow interest rates aren’t just a problem for banks’ lending books. In the U.K., they also are a pain for pension plans. Several big U.K. lenders, such as Barclays, Lloyds Banking Group and Royal Bank of Scotland, have large defined-benefit…read more…