There is a growing and consistent case for global 'growth scare' even beginning w/US trade in goods.
Supposed to be booming, but masked by money illusion.t.co/BiRN8UlQMA
— Jeffrey P. Snider (@JeffSnider_AIP) December 8, 2021
Fed May Not Get Very Far Into Hiking Cycle: HSBC’s Major
“I’ll believe each hike when I see it,” HSBC’s Head of Fixed-Income Research Steven Major says about the path of Federal Reserve monetary policy. He speaks during an interview on “Bloomberg Surveillance.”
Euro Zone Inflation Will Take Longer to Fall Back to 2%, Says ECB
Euro zone inflation will take longer to fall back to target than earlier thought but so far there is no evidence that high prices are becoming embedded in wages, ECB Vice President Luis de Guindos said on Wednesday.
Manchin Sounds Alarm on Inflation as Clock Ticks for Democrats on Huge Spending Bill
“The unknown we’re facing today is much greater than the need that people believe in this aspirational bill that we’re looking at, and we’ve got to make sure we get this right,” Manchin said. “We just can’t continue to flood the market, as we’ve done.”
China pumps $188 billion into the economy to counter real estate slump
Leveraged Loan Market Sees Second Pulled Deal in Two Days