sour mood into the weekend for global equity futs pic.twitter.com/F9q5sQxv4F
— Alastair Williamson (@StockBoardAsset) September 7, 2018
“Quiet cooling” in services/housing/autos h/t @LizAnnSonders pic.twitter.com/vnBcqARd8l
— Alastair Williamson (@StockBoardAsset) September 6, 2018
Morning Note:
US weighs extra tariffs
HNA planning DB exit
US payrolls coming up pic.twitter.com/ZeaAUgkPGs— Jonathan Ferro (@FerroTV) September 7, 2018
Happy Trade War Friday! After midday HKT, we expect decision on next tranche of US tariffs on $200B of Chinese goods. Hard to see EM stocks staving off the bear market:
-down 19.9% since Jan. high, 222 days of selling (longest since '08)
-155 days for EM FX
-240 days for EM bonds pic.twitter.com/rIFOaZpXJe— Haidi Lun Stroud-Watts 伦海迪 (@HaidiLun) September 6, 2018
US 10Y MINUS 2Y FLATTEST SINCE AUGUST 2007 pic.twitter.com/mkSQXKohZn
— OW (@OccupyWisdom) September 7, 2018
Baltic Dry Index <.BADI> tumbling pic.twitter.com/ha4scXQPSb
— Alastair Williamson (@StockBoardAsset) September 7, 2018
European equity indexes are rolling over pic.twitter.com/qkcOz0eozV
— Alastair Williamson (@StockBoardAsset) September 7, 2018
#TRADE BALANCE
Feels like 2008 pic.twitter.com/qfwh9FPsOb
— OW (@OccupyWisdom) September 7, 2018
EUROPE: another #GrowthSlowing morning of European economic data pic.twitter.com/ar9rwmOM5m
— Keith McCullough (@KeithMcCullough) September 7, 2018
Many investors and governments keep praying that central banks will revert normalisation so they can cover their losses and imbalances.
Central banks can’t do that. At best, they need to build tools before a change of cycle or the next downturn will be of epic proportions. pic.twitter.com/EASQLw2BlV
— Daniel Lacalle (@dlacalle_IA) September 7, 2018
UBS expects the S&P 500 to drop 5% if the U.S. levies 25% tariffs on an additional $200 billion of Chinese goods, a scenario analysts don't think has been priced into the market. https://t.co/kJeY336CEG
— Lisa Abramowicz (@lisaabramowicz1) September 7, 2018