Keep in mind: Liquidity matters! pic.twitter.com/Umk4CilqDY
— Holger Zschaepitz (@Schuldensuehner) August 28, 2023
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Full Story β t.co/zME1YTyaFi
"We are seeing a non-spending tsunami in France." pic.twitter.com/ObkiNwVLaA
— PiQ (@PriapusIQ) August 29, 2023
CHINA BANKS WEIGH FURTHER DEPOSIT RATE CUTS TO BOOST GROWTH.
— Breaking Market News (@financialjuice) August 29, 2023
CHINA WILL CUT RATES ON EXISTING MORTGAGES AS SOON AS TODAY.
— Breaking Market News (@financialjuice) August 29, 2023
Mortgage demand just hit the lowest levels since Dec 1996
With mortgage rates at historical highs, the housing market is in a tough spot pic.twitter.com/QeM2NRuSmq
— Game of Trades (@GameofTrades_) August 28, 2023
BRC shop price index slows pace to 6.9% Y-o-Y. Consumers may not feel any let up though – food is at 11.5% pic.twitter.com/fLwgUqhAoA
— Longview Economics (@Lvieweconomics) August 29, 2023
#bond selloff is damaging Global #liquidity by undermining collateral-heavy 'shadow monetary base' …#stockmarkets will face renewed headwinds ; ac@crossbordercapital.com for data pic.twitter.com/0SMVG0EGDp
— CrossBorder Capital (@crossbordercap) August 29, 2023
Latest Global #liquidity data $163.4 trillion (8/25/23, spoiler alert: full measure including private sector) becoming a drag on risk assets ; ac@crossbordercapital.com for reports. pic.twitter.com/RYhCKqi2kA
— CrossBorder Capital (@crossbordercap) August 29, 2023
Eurozone money supply contracting π¨ pic.twitter.com/XNfLut3KRc
— Longview Economics (@Lvieweconomics) August 29, 2023
JUST IN – U.S. job openings in July unexpectedly drop to lowest level since March 2021, and June number was revised down significantly.
— Disclose.tv (@disclosetv) August 29, 2023
Chinaβs $18 Trillion Economy – A Deflationary Threat to the Global Economy
China’s economic troubles, including a real estate slump and high Gen Z unemployment, are causing deflation and sluggish growth, which experts like Brendan McKenna of Wells Fargo fear could infect the U.S. and lead to a global economic downturn. Key challenges include structural imbalances, inadequate social security, and unstable international relations. While some believe China’s troubles may not significantly impact the U.S., the situation underscores the complexity and interconnectedness of the global economy, posing a threat to the global economy.
Western Economies Probably Canβt Escape Inflation Without a Recession
The economic outlook is grim as the former Bank of England economist and adviser to the UK Chancellor forecasted a recession due to necessary high borrowing costs. The lack of confidence among policymakers in achieving a sustainable 2% inflation, combined with persistent concerns about price pressures and the market’s failure to adjust to economic weaknesses, underscores a bleak “higher-for-longer” rate scenario. This dismal outlook is further compounded by the prediction that only a recession can quell the rampant inflation, signifying a dire situation ahead.