The EU leaders are willing to inflict maximum pain on their own citizens. Seriously, they are sanctioning fertilizer imports ? t.co/1tK8tu5eoI
— Wall Street Silver (@WallStreetSilv) May 4, 2022
Chart of #Eurozone #PPI. #CPI follows #PPI on a lag, so the Eurozone is still headed for some painful price increases. (Chart via @Hedgeye) pic.twitter.com/bdV0EEMxXp
— Forecast Cap Mgmt (@ForecastCapMgmt) May 4, 2022
Eurozone inflation has moved up to 7.5%, its highest level ever. Meanwhile, the ECB is still holding interest rates at negative levels with no plans to normalize. This is perhaps the greatest disconnect between monetary policy and rising prices that the world has ever seen.
The EU proposed a ban on belarus fertilizers.. let's check the data@chigrl pic.twitter.com/4KwEmyF1n5
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) May 4, 2022
Eurozone PPI just hit an all-time high at 36.8% YoY.
8th consecutive all-time high, previous print was 31.5%. pic.twitter.com/Qph2VhKDlI
— Hedgeye (@Hedgeye) May 3, 2022
Eurozone inflation has moved up to 7.5%, its highest level ever.
Meanwhile, the ECB is still holding interest rates at negative levels with no plans to normalize.
This is perhaps the greatest disconnect between monetary policy and rising prices that the world has ever seen. pic.twitter.com/npDwspamaj
— Charlie Bilello (@charliebilello) May 3, 2022
Despite sanctions by the West, the Russian ruble is at its strongest level against the Euro since March 2020 #fx #europe pic.twitter.com/t3PfJYVGDr
— Michael A. Gayed, CFA (@leadlagreport) May 4, 2022
Germany – “Have candles in your house” (It’s Happening, Soon)