Global growth slowing down, Asian growth not great, Trade-war ON….

Markets needed it b/c the USD is important (see thread why) & because of this:

a) Global growth 📉 (we got EU May flashes today 🤗)

b) Asian growth not great, esp investment, which is 📉 & that’s not good news for future growth

c) Trade-war ON

d) Brexit & EU Elections

😬

— Trinh (@Trinhnomics) May 22, 2019

Global vehicle sales are declining at the fastest pace since the Financial Crisis: pic.twitter.com/hkT5g2Qay0

— Michael McDonough (@M_McDonough) May 22, 2019

need ig credit markets to widen again pic.twitter.com/6axHi40IFK

— Alastair Williamson (@StockBoardAsset) May 22, 2019

TESLA CDS 5Y EXPLODING pic.twitter.com/CYvzDrqMkA

— Alastair Williamson (@StockBoardAsset) May 22, 2019