If China is tightening, the whole world is tightening too with or without Lagarde or Powell.

So FED over-eased monpol, forced Chinese economy to tighten (globalization, easing "here" means tightening "there"). If China is tightening, the whole world is tightening too with or without Lagarde or Powell. I bet both Lagarde and Powell will be in 6Ms forced to EASE. https://t.co/tb0mFpGfCk

— GregTheAnalyst (@Analyst_G) July 8, 2021

China is going through a credit cutting cycle, while simultaneously clamping down on both tech companies and crypto mining/trading.

Major weakness for Chinese equities in this first half of 2021. pic.twitter.com/qKzxNeoW4S

— Lyn Alden (@LynAldenContact) July 8, 2021

The percentage of countries outperforming the S&P 500 index on a rolling 21-day basis has fallen to zero!

When the world sneezes, does the U.S. catch a cold? pic.twitter.com/aCvlNglKkV

— Dean Christians, CMT (@DeanChristians) July 8, 2021

https://twitter.com/NorthmanTrader/status/1413132076287610884

https://twitter.com/coloradotravis/status/1412984970209943562