South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
German Industry Employment Falls to Lowest Level in a Decade 
Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
U.S. economy may be continuing its growth and remains still a bit far away from recession, but sections of the economy remain well into contraction. Many of the indicators like real gross domestic Private investments are pointing towards looming recessionary possibilities. Another such is Total Business Sales, released from U.S. Bureau of the Census.
Since January 2015, the year on year growth rate in Total Business Sales has remained in the negative, which means it is in the negative for 18 months, which would be six quarters. Last time the business sales growth was negative dates back to the great recession of 2008/09 when the contraction lasted for 13 months but the contraction was much steeper than the current. Before that, the growth was negative in 2001, which was followed by recession and the contraction in business sales lasted for 12-13 months.
Some of the Fed officials like Jerome Powell is worried on secular stagnation. Maybe he is right in doing so.
