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