Independent thinking for complex markets and current events
Authored by Mike Shedlock via mishtalk, The more you use dollar sanctions, the more countries will cooperate to defeat them. Another Big Leap for China Eurointelligence has a great article today on the US overusing sanctions as a financial threat. The result took a while but it’s Another Big Leap for China China’s Cross-Border Interbank Payment …
Fantastic point! ALSO, NBER recession announcement comes with a LONG LAG In the last 6 recessions, announcement of when a recession started was 234 days after the GDP data was released on average The Great Financial Crisis of 07-09 was announced a year after it started — Global Markets Investor (@GlobalMktObserv) June 19, 2024
The New York Times recommends you only venture out into the sun if you’re prepared to fully block its rays The New York Times published an article advising readers, “How to Get Absolutely No Sun This Summer.”1 I’d like to say this is a joke, but it’s disturbingly real. It begins by stating there’s “no …