America’s jobs US payrolls bumped 292,000 ticks higher in December’s exceptionally strong jobs report. That’s a nice counterbalance to American industrial activity, which has gotten worryingly slow. China’s slog The world’s second largest economy is blowing money fast as its currency fades and its economy slows. A lot is depending on those efforts, like exports in Taiwan … … and South Korea. Global blahs Brazil’s industrial production continues to contract, as its brutal recession lurches on. Deteriorating internal demand goes a long way to explaining its record trade surplus. Euro zone retail sales are losing steam. Likewise, euro zone inflation remains moribund. Meanwhile, Switzerland spent all of 2015 in deflation.
