The energy sector is starting to price in a global slowdown#OOTT pic.twitter.com/2t3oWGO2PO
— Daniel Lacalle (@dlacalle_IA) August 16, 2018
The Emerging Market Sudden Stop:
1. Build massive fiscal and trade domestic imbalances because “we have margin”
2. Mirage fades. Capital flights.
3. Reserves deplete
4. Central bank implements capital controls and sells US$. Reserves collapse
5. Implosion
6. RepeatWe are in 4 pic.twitter.com/jVTsdVDdKi
— Daniel Lacalle (@dlacalle_IA) August 15, 2018
While we were all busy fretting about the dollar, EM, oil and bonds, Italian spreads are blowing out to new recent highs without sings of stopping… jeez, there is a lot to keep our eyes on right now. pic.twitter.com/dPl5iqCl6q
— Raoul Pal (@RaoulGMI) August 15, 2018
Macy’s getting crushed… coz u know they say the consumer is strong..
NY Fed CC DQs elevated with 2Q seasonal flattening on tax refunds & withholdings tax. @OccupyWisdom #Fade pic.twitter.com/yspEH970yP— PlungeProtectionTeam (@gamesblazer06) August 15, 2018
w/ China slowdown, there are zero analysts that have sells on $AAPL pic.twitter.com/TfNDYdTWBO
— Alastair (@StockBoardAsset) August 16, 2018
🇺🇸Much lower Philly Fed than expected and it should continue to drop going forward according to my leading vs lagging indicator. Time to challenge the very rosy US outlook? Maybe… pic.twitter.com/MOTqq9xBPR
— Mikael Sarwe (@MikaelSarwe) August 16, 2018
The ECB is failing, and the Eurozone slowdown is evident. No matter what some may say.
In about 24hrs — Copper has plunged almost 5% — What is US Fin media not telling You?? Maybe one should look to China. pic.twitter.com/CH6Kpv9Ioa
— Alastair (@StockBoardAsset) August 15, 2018