EVERY SINGLE TIME YoY growth in bank credit turns negative the economy has gone into a recession.
Latest reading (Nov): -0.9%.The problem isn’t Mr Powell, but rather Mr Dimon. pic.twitter.com/RHTQbKfCQY
— AnilVohra1962 🇬🇧🇨🇦🇺🇸 (@AnilVohra1962) December 30, 2023
If you liked how they hid it in the 70s then you’ll love how they’re hiding it since GFC.
— Sunny Po 🤡🌎 (@sunny051488) January 1, 2024
It's official.
In one of the least noticed macro moves in a very long time, gold just reached record levels today.
If you ask me:
This is the beginning of a move, not the end one. pic.twitter.com/DFWmt3hLgs
— Otavio (Tavi) Costa (@TaviCosta) December 27, 2023
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