https://twitter.com/OccupyWisdom/status/1041917134660624384
https://twitter.com/OccupyWisdom/status/1041922711897993221
US slowdown is nearing — fiscal stimulus has faded, and trade wars have already created a global slow down in trade, next up is US repricing of assets pic.twitter.com/xnaLWAqRPY
— Alastair (@StockBoardAsset) September 17, 2018
https://twitter.com/OccupyWisdom/status/1041825272151138305
https://twitter.com/OccupyWisdom/status/1041893298288439296
https://twitter.com/OccupyWisdom/status/1041893323190022149
US-China #tradewar will cast shadow on global growth.
– 10% #tariffs on $200bn + existing 25% on $50bn = drag of 0.4ppt in 2019 #GDP
– 25% #tariffs by Jan 1 would have more significant effect
– escalation to all imports would cut growth by 1ppt. pic.twitter.com/fq3MZBONns— Oxford Economics (@OxfordEconomics) September 18, 2018
Eurozone PMI is clearly showing the slowdown…
…Only after €2 trillion of stimulus… pic.twitter.com/8nr5Ru2USU
— Daniel Lacalle Official Account (@dlacalle_IA) September 18, 2018
The US consumer is so strong that in the past 3 months sporting goods and hobby store sales are -13.6% SAAR; dept stores are -6.9%; autos are -4% SAAR; clothing and accessories are -2.2%; and both building materials & furniture sales are flat. Imagine what a recession looks like!
— David Rosenberg (@EconguyRosie) September 18, 2018
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