#China cuts 1-year prime rate by 5bp! They certainly need to do something. Look at latest trend in PBoC #liquidity operations. Something strange going on…not good for #World #GDP in 2022! pic.twitter.com/LISTBJpCvB
— CrossBorder Capital (@crossbordercap) December 20, 2021
Monetary & Fiscal stimulus shut off pic.twitter.com/IoHcNPjaxJ
— Win Smart, CFA (@WinfieldSmart) December 20, 2021
#Heilongjiang province on Monday vowed to take measures to support housing market and became the first province to openly seek growth in real estate sector.
However, it took back the document only one day later. t.co/25KEIM2KX2— YUAN TALKS (@YuanTalks) December 21, 2021
Securities as a share of Bank 🏦 credit pic.twitter.com/yg0N1SEF3g
— Win Smart, CFA (@WinfieldSmart) December 20, 2021
#Cement production and #GDP are perfectly correlated. #China's cement production decline implies its economy is in #recession. The #US #Infrastructure bill is dead, #EU #Power is prohibiting growth, and supply chains remain broken. Global economies cannot survive a hawkish #Fed. pic.twitter.com/JPFwHyujxZ
— Ekul (@McDistantStreet) December 20, 2021
LA Area Port Traffic: Disappointing Traffic in November t.co/sFBa2YloTk pic.twitter.com/H0ilNVX0eL
— Bill McBride (@calculatedrisk) December 20, 2021
#recession … #GFC2 Germany #Consumer edition
I assume #GfK stands for Germans f**k'd? 📉 t.co/JOoGNs92Mu
— Invariant Perspective (@InvariantPersp1) December 21, 2021
#recession … China $USD #Liquidity #Squeeze edition t.co/E28qtH9MmC pic.twitter.com/0yPip2T1xT
— Invariant Perspective (@InvariantPersp1) December 21, 2021
Atlanta Fed GDP now … their GDP estimate for Q3 was around 6% two months ago.
Then it was guided down to 1.5% about a month ago.
Then it was down to 0.5% last week.Now … it was just lowered to 0.2%. #Recession is coming. pic.twitter.com/YDLQqqcJdb
— Wall Street Silver (@WallStreetSilv) October 27, 2021
Markets Are Pricing Rising Volatility For 2022; Goldman Warns Of Increasingly Macro-Led Moves
Tomorrow is VIX expiration, and, as SpotGamma notes, we head into that expiration with an elevated VIX structure. If you compare today’s VIX term structure to that of mid-November you can see current levels (black) remain well above Nov(blue).
Food Companies Are Having Trouble Keeping Up With Inflation: WSJ
Rising costs for everyday foods like bacon and fruit have raised concerns about inflation. Here’s why you may be paying more for breakfast, and what that says about where prices might be heading in the future.
The Great Fed Crack-Up Begins
There is a distinct possibility the Federal Reserve is about to hit a wall, and that its very constitutional underpinnings will soon come into question.