Global Economic Momentum Continues To Disappoint…. US Economy Suddenly On Verge Of Contraction…

Out latest daily #World #economy read. Economic momentum still falling…. pic.twitter.com/Q0UasVwayE

— CrossBorder Capital (@crossbordercap) October 19, 2021

Global economic momentum continues to disappoint.
Citi's G10 economic surprises index falls to -44.5, lowest since June last year. pic.twitter.com/nkixE13fRR

— Jamie McGeever (@ReutersJamie) October 20, 2021

How vulnerable are #stockmarkets? Our daily indicator of risk positioning vs World #economic momentum warns of more correction….the 5% we've so far seen doesn't count pic.twitter.com/dRg9qv55EC act@liquidity.com for reports

— CrossBorder Capital (@crossbordercap) October 18, 2021

Controlled demolition… t.co/TCctn3DZer

— The Long View 🌑 (@HayekAndKeynes) October 20, 2021

China’s Evergrande crisis: clock ticking as crucial debt default deadline looms

🇺🇸New Residential Housing Starts Down 1.6% in September. The End🧐 pic.twitter.com/Up6povL9xZ

— Antonio Pérez-Algás (@apanalis) October 20, 2021

Visualizing an orchestrated slowdown.

⁦@Quillintel⁩
⁦@SoberLook⁩ pic.twitter.com/KNwLwJmVnW

— Danielle DiMartino Booth (@DiMartinoBooth) October 20, 2021

*CHINA SEPT. HOME PRICES FALL M/M, FIRST DROP SINCE APRIL 2015

— SolidusMax (@SolidusMax) October 20, 2021

🇺🇸New Residential Building Permits: Down 7.67% in August. TOP🧐 pic.twitter.com/6QbYjJ9uhC

— Antonio Pérez-Algás (@apanalis) October 20, 2021

Atlanta Fed down to -1.6% SAAR for Q3 real final sales. It was +2.3% at the end of July. At no point in the past 70 years have they contracted this much without a recession taking hold. We'll just have to be patient and wait for Wile E. Coyote to start looking down.

— David Rosenberg (@EconguyRosie) October 20, 2021

Atlanta Fed Says US Economy Suddenly On Verge Of Contraction

In its latest GDPNow forecast published moments ago, the Atlanta Fed slashed its estimate for real GDP growth in the third quarter of 2021 to just 0.5%, down from 1.2% on October 15, from 6% about two months ago, and down from 14% back in May.

Google Trends "Supply Chain" pic.twitter.com/8kSSJuTfet

— Thomas Thornton (@TommyThornton) October 20, 2021

‘People Are Hoarding’: Food Shortages Are The Next Supply-Chain Crunch

More than a year and a half after the coronavirus pandemic upended daily life, the supply of basic goods at U.S. grocery stores and restaurants is once again falling victim to intermittent shortages and delays.