Be aware of this.
The recent collapse in Chinese ADRs suggests significant deceleration in US PMI in the near future.
We had one of the strongest economic environments in history in the last 6 months.
Now, growth seems to be mean reverting. pic.twitter.com/dR8bsvzIwF
— Otavio (Tavi) Costa (@TaviCosta) July 31, 2021
Bonds to PMI: “Can you just stop all the extreme drama!” pic.twitter.com/jveMnCH70E
— AnilVohra1962 (@AnilVohra1962) July 31, 2021
Chines stocks pic.twitter.com/6xGwIAUZXx
— VIX Squared (@vixsquared) August 1, 2021
How transitory is rent? 🤔 pic.twitter.com/0fyr3GJEWT
— Win Smart, CFA (@WinfieldSmart) August 1, 2021