“Weekly Inflation Outlook: Time To Be Wrong More Slowly” “We’ve lived in that world where inflation was not a problem. I think we understand better how little we understand about inflation.” http://www.investing.com/analysis/weekly-inflation-outlook-time-to-be-wrong-more-slowly-200626637
https://www.cnn.com/2022/07/04/economy/chinese-developer-shimao-default-intl-hnk/index.html Another Chinese real estate investment missed payment. So just how bad is this. I mean, evergrande seem to have fall out of news for no reason. People have been predicting Chinese real estate collapse for over a decade. Now for some context, in that time, chinas economy has continued to grown to the envy … Read more
American News Jul 4, 2022 1:44 PM EST “Officers were aware that the same vehicle Mr. Walker was driving that morning was involved in a felony fleeing police chase in Franklin Township the previous morning,” wrote the Akron FOP. The Akron Fraternal Order of Police Lodge #7 released a statement on Sunday following the fatal … Read more
by predictany007 Michael Burry, the founder of Scion Asset Management who was made famous by Christian Bale in the movie “The Big Short,” said on Twitter that the first half declines in equity markets this year were “multiple compression” and following this will be earnings compression. https://www.bloomberg.com/news/articles/2022-06-30/scion-s-burry-thinks-we-may-be-about-halfway-through-market-fall?srnd=premium ‘The Big Short’ investor Michael Burry who predicted … Read more
by BoatSurfer600 Source: https://www.reuters.com/business/chinese-property-developer-shimao-misses-repayment-1-bln-bond-2022-07-03/
by whitewidow110 Closing ports, distribution centers, Msm building (Nos), highways and city’s, this is not only today they say, they will keep going.. farmer protests in the netherlands causing empty shelves oof #boerenprotest pic.twitter.com/XFoJuY9b4h — 🍂jon✨/ 💙💛 (@eurotrashjon) July 4, 2022 https://twitter.com/robhonig/status/1543991404665470977 https://twitter.com/Boeren_Twente/status/1543988864120983553 Only #boerenprotest can do #NationalShutdown vo you ur going 4 looting pic.twitter.com/0fPqovIFG3 … Read more
by BoatSurfer600 Who’s gonna tell him….LOL pic.twitter.com/p267nFZV3k — PlungeProtectionTeam (@gamesblazer06) July 4, 2022 Commodities continue to show concern about a global slowdown… Chart: @RealAlpineMacro pic.twitter.com/n6hbunBwBB — LongConvexity (@LONGCONVEXITY) July 4, 2022 "Iron ore prices have slipped for 3 straight wks, w/the decline reflecting an evaporation in confidence over #China's economic #stimulus, which in turn threatens … Read more
HONG KONG (Reuters) – Chinese property developer Shimao Group has missed the interest and principal payment of a $1 billion offshore bond due on Sunday, in the latest blow to China’s embattled property market. The non-repayment was the first missed public offshore payment for the Shanghai-based developer. With an outstanding $6.1 billion international bonds, Shimao … Read more
