by Michael All of the things that we would expect to see at the start of a major economic downturn are happening. Retail sales are falling, auto sales have been way down, and the housing market is starting to crash …
Private sector wages up 1.0% QoQ = smallest quarterly increase since Q2-21 The direction of travel is becoming very clear: – Core inflation🔻– Wages🔻– Pace of hiring🔻 Markets think they are getting what they want: a Fed pivot Could be, …
We now have a market where the Fed is raising rates into a recession and wants a spike in unemployment. Markets are literally hoping for a recession to bring lower rates. The bull case has become a recession when that …
h/t mastermusk
by TopFinanceTakes
US Leading Economic Index in the toilet h/t laflammaster
What do banks do when they are preparing for a recession? — Ty Dolla (@TyFadeaway) January 22, 2023 https://twitter.com/MFHoz/status/1617176777364836359 #recession … Global $USD #Liquidity Squeeze edition https://t.co/ne1TqFClEL — Invariant Perspective (@InvariantPersp1) January 23, 2023 Bank borrowings from Federal Home …
AMAZON Lays off 18,000 employees Across, United States, Canada & Costa Rica… Soft landing is off the table. Recession incoming 😢 pic.twitter.com/fCs8BXqdHd — Wall Street Mav (@WallStreetMav) January 19, 2023 FED'S WILLIAMS: THE FED MUST MAINTAIN ITS CURRENT POLICY UNTIL …
The idea that the world’s central banks can inflate the biggest financial bubble in human history — appropriately called the everything bubble — and then deflate it gently into a soft landing is mathematically and philosophically impossible. So the question …
https://twitter.com/VanceGinn/status/1614249142347259904 But this might last until a spike in unemployment pops it, like 2007-08 and 2020. pic.twitter.com/K8F057TAk6 — Steve (@ssinvestments8) January 15, 2023 https://t.co/6M4s5o4jU5#bank #Recession #USABig banks including JPMorgan, Wells Fargo, Citigroup, and Bank of America all reported quarterly results …
https://twitter.com/mikemcglone11_/status/1614329546735501312 https://twitter.com/mikemcglone11_/status/1614329672329748480 https://twitter.com/mikemcglone11_/status/1614325292109107204
Blackrock The challenges society has experienced not just in the past year but since the pandemic has eroded hope and reinforced pessimism in many parts of the world. We’ve seen a decline in birth rates and an increase in aging …
via kitco: DoubleLine Capital CEO Jeffrey Gundlach turned bullish on gold after it crossed the $1,800 an ounce level and believes it is a good time to purchase and hold the precious metal. Gold did well in non-dollar terms last year, …
by Chris Black This government is doing interest rate hikes at the same time they are printing insane omnibus bills, and at the same time they are collapsing the global energy market with their lunatic Russia sanctions. The only possible …
The economists will only call the recession a recession after the recession has ended. h/t shobhitd11
IMF'S MANAGING DIRECTOR GEORGIEVA: THE OUTLOOK FOR EMERGING MARKETS IS EVEN MORE BLEAK DUE TO HIGH DEBT LEVELS AND A STRONG US DOLLAR. — FinancialJuice (@financialjuice) January 1, 2023 IMF'S MANAGING DIRECTOR GEORGIEVA: 2023 WILL BE A DIFFICULT YEAR FOR …
by Daniel Lacalle via Mises While many market participants are concerned about rate increases, they appear to be ignoring the largest risk: the potential for a massive liquidity drain in 2023. Even though December is here, central banks’ balance sheets have hardly, if at …
Totally agree. I talked about the 3 signs of a coming earnings recession here:https://t.co/PM3J75GJk4 — Mosaic Asset (@MosaicAssetCo) December 21, 2022 Recession probability model from @NewYorkFed has climbed beyond its 2020 peak (by narrow margin) and is now at its …
by confoundedinterest17 Lightning strikes! The 12-month-ahead probability of recession spiked in November across all of yield curve models. The deterioration in the outlook was most significant in the one that relies on the 3-month/18-month forward spread — Fed Chair Jerome Powell’s …
by BoatSurfer600 Retail sales fell by 5.9% in November from a year ago, worse than expectations for a decline of 3.7%, according to analysts polled by Reuters. Industrial production grew by 2.2% in November from a year ago, missing Reuters’ …
The Fed announced a 50-basis-point rate hike today. Projects raising rates as high as 5.1% before ending inflation battle h/t Spare_Act_5747
by dollarcollapse Wall Street amazes me. Despite the current economic situation those at the Big Banks on Wall Street seem to think their words will just magically create financial stability for all but, this is what’s happening. The Federal Reserve’s recent …
by predictany007 Stock Market Outlook for 2023 Turns Unusually Bearish on Recession Fears US TREASURY SECRETARY YELLEN: THERE IS A RISK OF A RECESSION, BUT IT IS NOT NECESSARY TO BRING INFLATION DOWN. — FinancialJuice (@financialjuice) December 12, 2022 As …
It’s wild to look at how much the NYC budget has increased in the past 8 years, it’s added nearly $30 billion Now with a looming recession @NYCMayor says we need to pull back And some politicians call that austerity. …
by confoundedinterest17 Fun week ahead. US inflation numbers are out on Tuesday (forecast? CPI YoY = 7.3%, Core CPI YoY = 6.1%) and The Federal Reserve’s Open Market Committee (FOMC) rate decision is on Wendesday. So, where are we sitting on …
1. China reopening (I). “Still wonder why they are reopening? Hartnett shows it in one simple chart”. BofA (Hartnett) via TME 2. China reopening (II). Goldman Sachs “forecasts that China’s real GDP growth will rise 1.5 percentage points to 4.5% in 2023, …
