They told you so, Apple. Japan’s machinery makers gave Apple Inc. CEO Tim Cook a warning well in advance about what he didn’t seem to know: Chinese smartphone demand was plummeting. The iPhone maker blamed China for a cut in its revenue forecast, which sent fresh ripples through the company’s long chain of suppliers across Asia. Apple “did not foresee ...

For investors attempting to adjust their portfolios in anticipation of a recession by the end of 2020, recent economic indicators carry a message: they may have to prepare for the downturn to start as early as 2019 despite stocks enjoying a recent “dead-cat bounce.” Bloomberg News reports that a Federal Reserve Bank of New York gauge puts the chances of ...

The world enters 2019 with a lot more uncertainty about the prospects for global growth. The excitement a year ago about a synchronised pickup in global growth is replaced by angst that was initially focused on China and Europe but is increasingly spreading to the US, the sole consistent bright spot and one of the most powerful job creators and ...