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The HSBC factory index climbed to 54.7 in April, but the celebration is muted, the Iran war has officially turned global production into a cost-push nightmare… Input costs are rising at the second-fastest rate in four years, the shipping blockade is forcing firms to choose between eating the bill or passing it to the consumer… …
Multiple risk stack flagged, macro shock, private credit stress, AI valuation reset risk combined. Global stock markets are too high and set to fall, says Bank of England deputy “The thing that really keeps me awake at night is the likelihood of a number of risks crystallising at the same time – a major macroeconomic …
via notayesmanseconomics Over the past 24 hours the European Central Bank has received a couple of pieces of rather unwelcome data.We can start with what is its modus operandi. Euro area annual inflation is expected to be 2.5% in March 2026, up from 1.9% in February according to a flash estimate from Eurostat, the statistical office of the European …