recession comes when Fed cuts pic.twitter.com/8AqgEFX2pZ
— Alastair Williamson (@StockBoardAsset) March 27, 2019
Ok if my earlier tweet on $HYG didn’t WAKE YOU UP…
“Almost 117k contracts net short by commercials, i.e ~2b notional short exposure.” $VIX
Largest inflow to $UVXY evah? https://t.co/14KOehqNB7
— Samantha LaDuc (@SamanthaLaDuc) March 27, 2019
Chart shows #China PBoC liquidity squeeze thru OMOs 60-day rolling sum. Worryingly large fall-off pic.twitter.com/PDM8VduDbZ
— CrossBorder Capital (@crossbordercap) March 26, 2019
In the original crash, commodities were in an eerily similar multi year slump before the collapse in equities… pic.twitter.com/aCWO1KGHkh
— Michael Norinsberg (@Mnorinsberg) March 26, 2019
The housing market appears to be in the early stages of a (mild) cyclical downturn https://t.co/bkiFd1BbUI pic.twitter.com/HhoWohXtFc
— Issi Romem (@issiromem) March 26, 2019
Welcome to 2019, where China’s industrial profits has gone below zero
BEIJING (Reuters) – China’s industrial firms posted their worst slump in profits since late 2011 in the first two months of this year, data showed on Wednesday, as increasing strains on the economy in the face of slowing demand at home and abroad took a toll on businesses.
Welcome to 2019, where industrial profits has gone below zero🥶 except for 🍻& 🥤in China.
Q: If industrial profits fall -27% YoY & every sector is CONTRACTING, wut's next?
🤔
Btw, Chinese onshore investors are smarter than offshore b/c they're on this case & sold as u bought https://t.co/p5W3lppUej
— Trinh (@Trinhnomics) March 27, 2019
Q: (-14% drop of profits)🧐:
a) How are they going to service their debt give that firm-level debt is >160% of GDP;
b) Wut firms'll do (likely to cut costs & that means employment✂);
c) Impact on rest of eco;
d) Impact on banks's balance sheet
d) What the PBOC&MOF will do? 🇨🇳🤔 pic.twitter.com/KWaHYNXEcB— Trinh (@Trinhnomics) March 27, 2019