SURPRISE! China Central Bank unexpectedly cuts rates amid economic issues…. August 2015: Yuan devaluation worsens as Chinese government struggles to stimulate economy

pic.twitter.com/uX9VoRGdXK — Genevieve Roch-Decter, CFA (@GRDecter) August 15, 2023 Does anyone remember August 2015 – Yuan deval? Well, it's about to be a lot worse this time as the Chinese government can't stimulate the economy and support the currency at the same time. So why not just let the currency …

READ MORE

10-year Treasury yield rises due to stronger economic data, causing significant headwind for equities. De-risking signals across leading industries and sectors.

The 10-year Treasury yield has been rising aggressively on the back of stronger-than-expected economic data This is a major headwind for equities pic.twitter.com/C0Xc2ZAf8x — Bravos Research (@bravosresearch) August 14, 2023 https://twitter.com/WinfieldSmart/status/1691087531813515264 #Bonds are starting to look bad… US Treasury term premia (black) are breaking higher and pushing 10y yields up …

READ MORE

Profits belie the economic squeeze

by Mahatmahems Michael Snyder reports today, “the Conference Board’s index of leading economic indicators has already declined for 15 months in a row.”* The US economy has been sputtering since 2019. After a reckoning of the loss of 4 mid-level banks in the Spring 2023 and the recent bankruptcy of …

READ MORE

Bear markets often have strong opens and weak closes, as seen last week; Leading economic indicators point to a rapidly deteriorating economy

I will reserve judgement on today's strong open until we see the close. Because that's what happens in bear markets – strong opens, weak closes. What we saw all last week. But really, what could go wrong? pic.twitter.com/PnEtb0MYXR — Mac10 (@SuburbanDrone) August 7, 2023 Big divergence between S&P 500 industrials …

READ MORE

The Worst Economic Possibility (It Just Happened)

From Peter Reagan at Birch Gold Group The U.S. debt is currently accruing at more than 119% of GDP, which is an insane record no one in their right mind would have thought possible. That means the entire economic production of the U.S. isn’t fast enough to keep up with the outgoing expenses. We’re …

READ MORE

David Stockman: America’s Prolonged Economic Stagflation

via brownstone.org: Here is a large caliber smoking gun. The BEA series for real personal income less transfer payments is a pretty serviceable proxy for private market output before the impact of Washington stimmies and distortions caused by transfer payments and government borrowing. After all, earned income – wages, salaries, …

READ MORE

Economic and social terrorism by elite and Federal Reserve rewards speculators; Financial conditions are loosening at a fairly steady clip, even as the Fed prepares to hike rates to the highest level since 2001.

Darth Powell knows: This is the result of economic and social terrorism caused by the elite/donor class and Federal Reserve. Rewarding the most worthless, least productive members of society (asset price speculators) over actual production/innovation. https://t.co/UhRkGnrXJL — Darth Powell (@VladTheInflator) July 25, 2023 How long can the Fed & its …

READ MORE

Economic news worsens but markets continue to rise, marking the final stage of the market cycle. Financial pundits lure sheeple into market, then claim no one saw it coming after crash.

The economic news is getting really bad but markets are still rising. The brief final stage of the market cycle.pic.twitter.com/55ZY4MGgPy https://t.co/rX8hxr3YI3 — Financelot (@FinanceLancelot) July 25, 2023 The overwhelming temptation of every financial pundit is to lure sheeple into a market powered by five stocks:https://t.co/vCedAfNQWd And then after the crash …

READ MORE

China’s Massive Economic Stimulus Is Not Coming Back

by Cautious_Kamakazi It is worth noting that despite deflation worsening, China's #credit impulse is declining again, showing a #TIGHTENING of #monetary conditions. Many investors had hoped that, as usual, Chinese monetary loosening would lead a US recovery. Some hope. – @albertedwards99 pic.twitter.com/qVitUH1xhM — Lance Roberts (@LanceRoberts) July 20, 2023 During …

READ MORE

Economic Strength and Recessions

by sterk1984 I see so many articles, comments etc. proclaiming that it’s obvious that we aren’t going into a recession because the economy is doing so well and the unemployment rate is so low. Don’t recessions usually happen at the END of economic cycles when the FED puts the brakes …

READ MORE

Institutions to dump tech stocks in second half after best first half in 40 years. Hedge funds shift to bearish dollar bet, flipping 20,091 contracts to short

Retail gamblers are trapped. After the best first half for Tech stocks in 40 years, institutions are dumping Tech stocks in the second half.https://t.co/It9OGJH69b Retail gamblers are trapped. pic.twitter.com/9ApQOQSKeP — Mac10 (@SuburbanDrone) July 10, 2023 Microsoft has been the most consistently dominant company of the past two decades. pic.twitter.com/7FiBWGSeS5 — …

READ MORE

Leading economic indicators point to a worsening economy; Economy relies on credit; expensive credit impacts.

Despite the markets moving higher, leading economic indicators point to a worsening economy Current levels are comparable to those seen during: – Dot Com bubble– Financial Crisis– C-19 pic.twitter.com/puopTVKU12 — Bravos Research (@bravosresearch) July 10, 2023 An economy that runs on credit is about to find out what happens when …

READ MORE

So the economy is about to crash? Jim Cramer predicts an ‘economic wave’ will soon hit the US — and it will be ‘fantastic for investors.’

Jim Cramer, host of CNBC’s “Mad Money,” is no stranger to bold claims. In fact, his energetic and boisterous style is a key part of his long-running TV show. Now, the notorious stock picker has made another bold and controversial claim. “An economic wave is about to hit that will …

READ MORE

Jun JobsReport lackluster, recession indicators, low payrolls, 3.6% unemployment rate. Increased part-time job demand due to economic conditions.

452k additional part-time jobs from economic reasons:“partially reflecting an increase in the number of persons whose hours were cut due to slack work or business conditions…"More people are trying to get full-time jobs at same time businesses are cutting them… — E.J. Antoni, Ph.D. (@RealEJAntoni) July 7, 2023 Revisions for …

READ MORE

China’s economic decline poses significant global threat.

2/ China's housing market experienced its largest contraction in over a decade, despite efforts by the Chinese Central Bank to ease monetary policy pic.twitter.com/S8gVYVdz5W — Bravos Research (@bravosresearch) July 6, 2023 4/ Majority of demand for copper, an industrial metal, comes from China Weak copper prices suggest a slowdown in …

READ MORE

Economic cycles end with increased market obfuscation.

“WHY DOES THE STOCK MARKET SEEM SO DETACHED FROM ECONOMIC REALITY? Because it is—and it’s normal! Near the end of economic cycles, we typically see more obfuscation in financial markets Stock buybacks are a good example of this” WHY DOES THE STOCK MARKET SEEM SO DETACHED FROM ECONOMIC REALITY? Because …

READ MORE

People have no clue how truly monumentally close we are to a complete global economic crisis

by Junior_Wrangler8341 Source: @SuburbanDrone $1.7 Trillion in Americans’ Savings Burned Since 2020 As Credit Card Debt Hits All-Time High Americans have squandered $1.76 trillion in savings since 2020, leaving a meager $533 billion. Personal savings are at a dismal 4.6% of income, well below the 8.9% average. A staggering $986 …

READ MORE