Global recession is coming. The two biggest export economies in the world – Germany (blue) & China (black) – are seeing their new export orders in the manufacturing PMIs fall sharply. That's deteriorating global demand as we teeter towards recession. Only outlier: the US (red)… pic.twitter.com/u5ntWz7fXa
— Robin Brooks (@RobinBrooksIIF) May 8, 2022
Meanwhile back in #China the #PBoC continues to squeeze #liquidity to help protect the #Yuan. Not good for #World GDP! pic.twitter.com/0zwxsAjdED
— CrossBorder Capital (@crossbordercap) May 8, 2022
Signs are everywhere pic.twitter.com/75Q4H950Za
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) May 8, 2022
As Freightwaves shows the US truckload index is slowly collapsing as fuel prices increase pic.twitter.com/dr35AfhFGm
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) May 8, 2022
Truckload linehaul spot rate drop accelerates under pressure from surging diesel prices – FreightWaves
Just the beginning t.co/VY2uWX2Gc0
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) May 8, 2022
#recession … #CentralBanks Pushing on a String edition t.co/curd0hCDN0
— Invariant Perspective (@InvariantPersp1) May 8, 2022
First death cross on the Global Dow since March 2020.
If only there was a sign. pic.twitter.com/NUqiaCWUBL
— Mac10 (@SuburbanDrone) May 7, 2022