Stagflation case is strengthening
China’s economy is rebounding and so is the industrial production! China represents more than 50% of global demand for raw materials, and given the shortage, premiums will remain elevated bolstering inflation at a global level. pic.twitter.com/Go4s3TE1Ko
— Alessio (@AlessioTMAD) September 18, 2022
US CPI core (ex food & energy) signals persistent price pressures despite fintwitter was calling a deflation.. Demand won’t collapse easily as you think pic.twitter.com/LYY5cywrPu
— Alessio (@AlessioTMAD) September 18, 2022
"The decline of the US housing market is both disinflationary and inflationary—it lowers demand for building materials but people still have to live somewhere. This means higher rents and more upwards pressure on the fantasy owners’ equivalent rent measure" – UBS
— zerohedge (@zerohedge) September 20, 2022
https://twitter.com/WallStreetSilv/status/1571642698393858048