Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Australian Household Spending Dips in December as RBA Tightens Policy 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
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.
