This Does Not Look Good…

Overnight Quick reacap:

Japan tool orders drop -29.3%

Turkey is officially in recession

China auto sales slide -15%

Germany industrial production -3.3%

Global Economy Hits Its Weakest Spell Since Financial Crisis

S. Korea exports down -19.1% and and down -23.9% to China

— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 11, 2019

this does not look good pic.twitter.com/DldWMGMNbx

— Alastair (@StockBoardAsset) March 11, 2019

https://twitter.com/OccupyWisdom/status/1105412381700751362

🇯🇵👹$JPY: Japanese machine tool orders worst since 2009. "Hard data" may continue to weaken as earlier Fed tightening (& strong USD) shows up in the real economy. Still… recent easing of financial conditions in EM Asia suggests things may improve before summer pic.twitter.com/ur4T9iSjCW

— Martin Enlund ⚡️🦆🚁 (@enlundm) March 11, 2019

All global regions are in negative territory now with regard to @Citi economic data changes @biancoresearch pic.twitter.com/2yG0gv1paX

— Liz Ann Sonders (@LizAnnSonders) March 11, 2019

https://twitter.com/hks55/status/1105261288110858240

Dow Soars Into Green But Bonds Ain't Buying It

– $DXY flat; Not buying it
– $EURUSD – Down; Not buying it
– $USDJPY flat; Not buying it
– And I am not buying it 😎 https://t.co/1kynKwSp9L

— Kerberos007 (@kerberos007) March 11, 2019

After a Quarter-Century of Stimulus, Business Conditions in Japan “Worst in Years”

“The Finance Ministry’s quarterly business survey, released Tuesday, showed a reading of minus 7.3 for conditions among Japan’s largest manufacturers, the worst result since the second quarter of 2016.”