contraction Archives - Page 2 of 2 - Citizen Watch Report

Biden’s Economy! ISM Manufacturing In May Falls To 46.9, 7th Straight Month Of Contraction (McCarthy Surrenders To Biden And Allows 2 Years Of Uncontrolled Spending And Debt)

June 1, 2023 4:22 pm

by confoundedinterest17 Another day under Biden/Yellen. Last night, “Republicans” joined Democrats to allow unlimited Federal spending and debt for the next two years. Way to go “Benedict McCarthy”! But today, we saw that ISM Manufacturing printed at 46.9 for May, the 7th consecutive month of contraction. Meanwhile, the Biden family twists the night away while Americans are ravished by inflation caused by bad …

Sweet Home Chicago? Chicago PMI Unexpectedly Plummets, Longest ‘Contraction’ Streak Since Great Financial Crisis

June 1, 2023 12:58 pmJune 1, 2023 2:45 am

by confoundedinterest17 Sweet Home Chicago? After the unexpected resurgence in April, Chicago PMI plunged in May from 48.6 to 40.4 (against expectations of 47.3). That is the ninth straight month below 50 (in contraction)… Source: Bloomberg That is the longest streak of prints in ‘contraction’ since the Great Financial Crisis. Under the hood, none of …

Jay Powell’s Fed hasn’t yet realized the full gravity of what’s coming… There are clear risks of devastating market crashes, domino bank failures, a highly destabilizing Credit contraction

May 31, 2023 10:59 amApril 3, 2023 12:25 am

RELAX everything’s going to be fine, if there was ANY chance of collapse all the “experts” on the main collapse subreddit would be all over this. /s via realclearmarkets: “In purely technical terms, all these together are betting heavily on lower interest rates all over the world in the not-too-distant future. As they’ve come to …