Severe damage to global growth has been spotted – prepare for a rough ride in the months ahead. I don't think the policies were/are in place by CBs to counter this rapid slowdown. Any mol pol maneuver by CBs work in 4 to 6 months lags. pic.twitter.com/bUgEIspga3
— Alastair Williamson (@StockBoardAsset) February 7, 2019
#China imports from Asia slowed 9% yoy
2015/16 Redux
(via @OxfordEconomics ) pic.twitter.com/lqNfj3kz4m
— Valentin Schmid (@vxschmid) February 5, 2019
The most dangerous bubble, as well as an evident sign of global slowdown.
Bonds with negative yield rise back to $9 trillion. pic.twitter.com/geF7yHrpW5
— Daniel Lacalle (@dlacalle_IA) February 6, 2019
the world is burning again pic.twitter.com/h8Tol8ogIQ
— Alastair Williamson (@StockBoardAsset) February 7, 2019
As central banks around the world dive down the dovish hole once more, risk assets in the last several weeks have moved higher, however, today, that is not the case, as macro deterioration in EU supersedes CB talk to calm markets.
— Alastair Williamson (@StockBoardAsset) February 7, 2019
global central banks are panicking pic.twitter.com/sfFdhVcect
— Alastair Williamson (@StockBoardAsset) February 7, 2019
WoW – Europe is plummeting. The US is not an economic island. pic.twitter.com/W1mabcRrOd
— Alastair Williamson (@StockBoardAsset) February 7, 2019
Powell says the economy is 'sound' the same time that the European Commission takes a knife to its continental GDP forecasts. As if the decoupling theme worked out well in the last cycle!
— David Rosenberg (@EconguyRosie) February 7, 2019
Banks tightening lending standards for consumers (barely positive now) … question is, will this be like mid-1990s when they went negative (alongside Fed rate hikes) without a recession, or all other times when a recession was looming? Perhaps too soon to tell. pic.twitter.com/fEXKi2Psak
— Liz Ann Sonders (@LizAnnSonders) February 7, 2019
Almost 40% of the yield curve is now inverted from the 30-year to overnight Fed Funds Rate. This is the same level as the start of the Tech Bubble and Housing Bubble collapses in 2000 & 2008
The debt market knows all.
Via @TaviCosta 👑 pic.twitter.com/GoGqRisP0R
— OCCUPY WISDOM (@OccupyWisdom) February 7, 2019
Interest costs alone on the spiraling debt pile act as a tax on future GDP growth forever and offset all of it. How can the economy grow if its got a debt burden so high with interest costs greater than incremental growth? It can't, but don't ask economists 🤡 (= paid to lie) pic.twitter.com/yOCIaU2mBP
— M/I_Investments (@MI_Investments) February 7, 2019
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