With the fight against inflation taking center stage, the talk now is of the risks involved in slowing an economy hard. It is a test
US Dollar is hitting 20-year records. All the best data from @SoberLook thedailyshot.com/2022/07/15/wom… https://t.co/iaZFNaVnvx
India's trade deficit has hit a record level. @SoberLook thedailyshot.com/2022/07/15/wom… https://t.co/OaYhFEU34z
As the Chinese economy wobbles, global steel prices are crashing. @SoberLook thedailyshot.com/2022/07/15/wom… https://t.co/UZQsqqzfeW
YoY China avoided recession in Q2 2022. MoM not so much. thedailyshot.com/2022/07/15/wom… https://t.co/PTGQEPvpjr
Across the regional cities of China, alarming shares of apartment construction are facing delays for completion. thedailyshot.com/2022/07/15/wom… https://t.co/y3yEyNUTAG
Czech Republic is now suffering inflation of 17%+ thedailyshot.com/2022/07/15/wom… https://t.co/8hdVLPU4hs
Almost 2/3 of American consumers are preparing for a recession by cutting back spending. thedailyshot.com/2022/07/15/wom… https://t.co/mmQU4cggun
If Bloomberg's nowcast model is to be believed, the US may already be heading into a recession. thedailyshot.com/2022/07/15/wom… https://t.co/BVUD5M3Tnv
Forecasters still predicting inflation to peak in Q3 2022. thedailyshot.com/2022/07/15/wom… https://t.co/QgDYtPkPtT
Post-Covid, American women are returning to work, 350k American men have not. thedailyshot.com/2022/07/15/wom… https://t.co/tbs16wXtad
The current surge in US prices finally puts them ahead of the 2% trend projected forward from 2012. thedailyshot.com/2022/07/15/wom… https://t.co/Fdr3lq3YBF
Will McConell & GOP kill plans to lavish $52 bn in subsidy on onshoring microchip capacity to the US. Lobbying by industry is completely unabashed.
Miami realtors see a sharp uptick in interest from affluent Chilean, Peruvians and Colombians in wake of left-wing electoral surge. ft.com/content/567ccc… https://t.co/jJCqYi7epy
“That is not going to happen.” Going to be interesting to see how the relationship btw José Antonio Ocampo Colombia's new Finance Minister and left-wing
Amidst gas and recession worries, investors are piling on bets against the euro eying the possibility of a plunge to 0.95 or 0.9 v. the
In a sign of desperation property developers in some parts of China have in recent weeks promised to accept stocks of garlic — as well
China mortgage boycott: Hundreds of thousands of buyers have halted mortgage payments on more than 200 unfinished property projects in China this week, aggravating a
As hedge funds have sold off positions momentum has developed against metal ores and agricultural commodities. ft.com/content/bdf6ef… https://t.co/q9VRN9WBQz
Thirty-one Chinese cities are under full or partial lockdowns, affecting 247.5mn people in regions accounting for about 17.5 per cent of the country’s economic activity.
No recession, just! "China’s economy narrowly escaped a contraction in Q2 as the fallout from President Xi Jinping’s zero-Covid policy stoked expectations that Beijing would
Overwhelming majorities across all of Germany’s major parties for support of Ukraine even in face of higher gas prices. twitter.com/carlomasala1/s…
RT @CarloMasala1: Wow. Ich gestehe, dass ich positiv überrascht bin. Eine Mehrheit der Deutschen ist bereit, die Ukraine auch dann zu unter…
Italy in crisis, American inflation politics, oil prices and Carl Schmitt's bungalow on Chartbook adamtooze.substack.com/p/italy-in-cri…
Top Links #84: Italy in crisis, American inflation politics, oil prices and Carl Schmitt's bungalow on Chartbook adamtooze.substack.com/p/top-links-84…
Interesting this: Oil prices are off peaks but petrol prices continue to climb. That sucks feedstock refinery products into gasoline production, driving up costs for
G7 & EU have announced official financing commitments to Ukraine of $29.6bn. So far disbursed $12.7bn to country. EU has promised 9bn, but may go
Euro may be at historic lows against dollar but it is in fact quite strong against a basket of other currencies. ft.com/content/f3043f… https://t.co/0BCzzQxHJz
Martin Wolf's latest on inflation ft.com/content/2022df… Pairs well with Chartbook's #134 and #133 on the political economy of inflation adamtooze.substack.com/p/chartbook-13… adamtooze.substack.com/p/chartbook-13… https://t.co/nyJdRHvnjr
Euro has fallen to parity against $ for 1st time since 2002, reviving memories of difficult early years, when it fell so low traders dubbed
Did you know that the peace sign is the combination of the flag semaphore for N and D, which spells nuclear disarmament? h/t my friend
RT @maxinefowe: The fantastic and incredibly funny @DanielaGabor on how states became collateral factories in European repo markets and how…
RT @hicatwu: time to travel now that conversions are easy! https://t.co/zirx38qo3j
If I read this right, then in the last couple of months the probability assigned to a recession in the eurozone in the near future
Wage growth for nonsupervisory workers appears to have peaked. The slowdown is driven predictably by the end of the surge in wages in the leisure
If there is a great resignation anywhere in the US labour market it is in education. That tells us something about American society, politics and
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