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The Eurozone has been consistently downgrading its own growth estimates for 2019 and 2020 despite low rates and massive liquidity. The Japanisation of Europe is evident. pic.twitter.com/mzUTlvTa7M — Daniel Lacalle … Read more
China slowdown is evident. Nothing to do with trade wars. All to do with debt saturation Chinese junk bonds, the biggest component of Asian high yield, surpassed 10 percent on … Read more
Global Slowdown Becoming Evident Credit card interest rates are flying higher…. 2nd highest level since May 2001… Total revolving credit – new record high. In the words of Bob Dylan: … Read more
Global Manufacturing PMI New Exports Orders fell for the 5th month in a row to 50.5 (23-month low), suggesting that global trade growth will slow in the coming months. *Link: … Read more
"Eurozone Slowdown Is More Evident Every Month," h/t @dlacalle_IA pic.twitter.com/YLoy1UXPre — Alastair Williamson (@StockBoardAsset) May 30, 2018 only €48 Trillion in derivatives t.co/Om82NlwKzj — zerohedge (@zerohedge) May 30, 2018 A … Read more
"Global Slowdown Is Evident.In the Eurozone Data Weakening Is More Pronounced… Some Blame the Weather. More Likely Debt Saturation and Loss of Stimulus Placebo Effect," h/t @dlacalle_IA pic.twitter.com/Q0hr6Ev2TX — Alastair … Read more