by Shaun Richards This morning has already brought some rather revealing economic news from the Euro area. As the ECB has told us this. Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -5.2% …
by BoatSurfer600 Today’s update shows the biggest drop ever on record in growth rate for M2. A negative growth rate of 4.05% versus a year ago. M2 has now contracted on an annual basis for four straight months. December was …
1) Contracting money supply + inflation is a nasty combination. Because it means there are fewer dollars floating around in the system to pay for the higher prices. ❌💵 At some point the system "breaks" & a deflationary crash occurs. …
US manufacturing production, a coincident indicator, is contracting at a 1.9% annualized pace, a level generally not seen outside of recessions. 1/2 pic.twitter.com/LmFe5y8Vfl — Eric Basmajian (@EPBResearch) February 27, 2023 This data comes from the EPB February Cyclical Trends Update …
The Gateway Pundit reported one month ago on March 3rd that the US economy was contracting and in the early stages of a recession. Today’s numbers show that this is still the case. One month ago we reported that the …
#recession … #GFC2 China #Manufacturing edition Contracting faster now… 📉 https://t.co/1AfzJCZLSx — Invariant Perspective (@InvariantPersp1) October 31, 2021 #recession … China $USD #Liquidity #Squeeze edition https://t.co/PMr1EwOrSa — Invariant Perspective (@InvariantPersp1) November 3, 2021 Looks like the US is in a …
California’s Assembly Bill 5 just went into effect. With some exceptions, the law takes aim at the new gig economy and independent contractors, forcing businesses to choose between hiring contractors as employees or laying them off. A week before Christmas, Vox Media’s SB …
via @TaviCosta: Liquidity is not the driver of this everything rally. Hope is. Not even massive global QE can prevent asset bubbles from bursting. See 2007-8 scenario below. Crescat new video coming out soon. 2-year yield falling after re-testing multi-decade resistance …
The global economy is undergoing a contraction which is seen from virtually every single country at this time. Whether you look to the US, China, or Europe, you see what cannot be denied. Assets cannot seem to rise steadily as …
S&P500 Above 200sma Moving Average Index- Sym Contracting Triangle in final construction.. APEX Nearing – Signal Major Imbalance Nearing? pic.twitter.com/TTmlpBHWRp — Alastair (@StockBoardAsset) April 1, 2018 Citi: "As the next recession unfolds there will be no ECB backstop because it …