GLOBAL slowdown/recession signals:
* Equity markets down sharply YoY
* US Treasury yield curve inverting
* OECD and China PMIs weakening
* Global export orders falling
* Air freight down (Hong Kong hub)
* Spot oil prices down YoY
* Oil calendar spreads in contango
GLOBAL slowdown/recession signals:
* Equity markets down sharply YoY
* US Treasury yield curve inverting
* OECD and China PMIs weakening
* Global export orders falling
* Air freight down (Hong Kong hub)
* Spot oil prices down YoY
* Oil calendar spreads in contango— John Kemp (@JKempEnergy) January 4, 2019
For those who do not know, we actually called what was going to happen while most of Wall Street was in a twilight period. pic.twitter.com/UQqSsfK7Dw
— Alastair (@StockBoardAsset) January 4, 2019
Powell just served up an All You Can Eat Buffett. ISM & China weak, balance sheet fully negotiable and Fed to switch gears dramatically if need be. Add it up and worth an extra percentage point of lift in stocks. The 2-yr move remarkable given it was 2.37% overnight. 2.49% now.
— Danielle DiMartino Booth (@DiMartinoBooth) January 4, 2019
https://twitter.com/LordPolemos/status/1081278777001369600
https://twitter.com/OccupyWisdom/status/1081348229168533504
https://twitter.com/OccupyWisdom/status/1081250983672467457
— M/1_LP (@MI_Investments) January 4, 2019
— M/1_LP (@MI_Investments) January 4, 2019