Margin debt growth appears to have rolled over. pic.twitter.com/Xox9HVZ2Xj
— Sven Henrich (@NorthmanTrader) August 13, 2021
"the market today is statistically expensive on almost every measure of the 20 metrics we track, except on growth and relative to bonds." – BofA pic.twitter.com/RZiBPAjTwU
— zerohedge (@zerohedge) August 13, 2021
Consumer Sentiment Dives To Lowest Level Since 2011 – due to Delta virus, #wages, #inflation. h/t @DiMartinoBooth analysis showing how the CPI reflects real consumer housing costs, wages not keeping up. @LanceRoberts @michaellebowitz @HarrisSamaras @jam_croissant @biancoresearch pic.twitter.com/F3dC9u4OQq
— Patrick Hill (@PatrickHill1677) August 13, 2021
Now you know why nominal yields are sliding… They are showing “the power of consumer demand”. If they’re sliding you know due to some reasons (inflation) demand is going towards … zero. https://t.co/vTtv0XThkh
— GregTheAnalyst (@Analyst_G) August 13, 2021
#China Macro Update: Credit slowdown
▪️ Aggregate Financing AF or Total Social Financing TSF below expectations at CNY 1060 bn July vs 4y avg CNY 2200bn vs 3667bn in June
▪️ AF YoY growth at 10.7% v/s 11.0 in June
▪️ M2 8.3% yoy v/s 8.7 exp v/s 8.6 June – hovering in low 8's
1/8 pic.twitter.com/TLAVDu0VH5— Varad Markets (@VaradMarkets) August 13, 2021