by BoatSurfer600
As rates rise and the economy slows, banks tighten their credit lending standards out of fear of higher loan losses. If the credit to the economy dries up more than anticipated, then the slowdown might accelerate. A credit-starved economy is no bueno
Source: Sagar Singh
Yield curves around the world are inverting the most in decades. German 2-year yields are the highest versus 10-year rates since 1992.
Meanwhile Jay Pow is set to increase rates further, the FED is still injecting liquidity
😂😂 ponzi scheme pic.twitter.com/dTzkjZXBOv
— Alessio (@AlessioTMAD) June 22, 2023
The Fed can’t print corn, soy, & wheat
"We Need Rain": Corn, Soy, Wheat Prices Soar As Drought Conditions Worsen In Midwest https://t.co/6iYCQaF921
— zerohedge (@zerohedge) June 22, 2023
RBA interest rates: Australian mortgage holders world’s most abused