US credit conditions: Less accommodative?

| Feb 20, 2019 at 12:00 AM

The Federal Reserve’s quarterly Senior Loan Officers Opinion Survey on Bank Lending Practices (SLOOS) is one of the more reliable indicators of credit conditions (for commercial and industrial lending) that we look at to reckon proximity of equity market tops or the peak of an economic cycle.

Shutdown averted, budget fight goes on

| Feb 20, 2019 at 12:00 AM

President Donald Trump signed Friday an appropriations bill passed by Congress, avoiding another shutdown and funding the government through the end of the fiscal year on 30 September.

TRATON remains on growth path in 2018

VW | Feb 20, 2019 at 12:00 AM

All three brands contributed to the third consecutive vehicle sales record, after 2016 and 2017: At 102,560, MAN registered the most vehicle deliveries, selling significantly more vehicles (+14%) than in the previous year.