Independent thinking for complex markets and current events
If this global selloff continues next week, it will be MOAC – Mother of All Clusterfucks. Powell falling downstairs juggling pies. pic.twitter.com/63u4m6hQ2N — Mac10 (@SuburbanDrone) September 6, 2024 That's the week. It was the worst week for Tech stocks in over four years, since March 2020. This is the chart of the week: pic.twitter.com/hPLnOSFkY3 — …
via pentoport Advanced retail sales accelerated by 1% for the month of July, according to figures that are seasonally adjusted but not adjusted for inflation. Economists surveyed by Dow Jones were looking for a 0.3% increase. June sales were revised to a decline of 0.2% after initially being reported as flat. The Main Stream Financial …
https://www.cnbc.com/video/2024/02/05/china-had-20-plates-spinning-and-they-are-all-crashing-right-now-says-hayman-capitals-kyle-bass.html China’s deflation problem keeps getting worse In the latest sign of the country’s worsening deflation problem, fresh data showed consumer prices in China tumbled in January at the sharpest rate in 14 years. The National Bureau of Statistics attributed the deflation numbers to floating holiday effects, given that Lunar New Year occurred in January …