Global recession is coming. The two biggest export economies in the world are seeing their new export orders in the manufacturing PMIs fall sharply.

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 (@robin_j_brooks) 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/ GLIndexes (@crossbordercap) May 8, 2022

Signs are everywhere pic.twitter.com/75Q4H950Za

— Alessio (@AlessioTMAD) May 8, 2022

As Freightwaves shows the US truckload index is slowly collapsing as fuel prices increase pic.twitter.com/dr35AfhFGm

— Alessio (@AlessioTMAD) May 8, 2022

Truckload linehaul spot rate drop accelerates under pressure from surging diesel prices – FreightWaves

Just the beginning https://t.co/VY2uWX2Gc0

— Alessio (@AlessioTMAD) May 8, 2022

#recession … #CentralBanks Pushing on a String edition https://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