The SentimenTrader Macro Index Model, a measure of economic activity, declined by 27% in May. That’s the 2nd most significant contraction in history.

The SentimenTrader Macro Index Model, a measure of economic activity, declined by 27% in May.

That's the 2nd most significant contraction in history. pic.twitter.com/A8UmykFEE8

— Dean Christians, CMT (@DeanChristians) June 8, 2022

spread between FED funds futures suggest the market is betting again on higher rate hikes pic.twitter.com/SkoP62LqK3

— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) June 9, 2022

JPMorgan draws attention to the FreightWaves article and "suggests that US import volumes of containers have fallen sharply in recent weeks. We see a similar thing in weekly data." t.co/NlVrjfAv77

— Craig Fuller 🛩🚛🇺🇦 (@FreightAlley) June 9, 2022

Top economist Mohamed El-Erian says the market rally isn’t a buy signal as stagflation looms. ‘I would take some chips off the table’

Larry Summers argues inflation is way closer to the 1980s than people think—and that a deep recession may be needed to bring it down