We are already in a Global Industrial Recession...

COMMODITIES: for those of you struggling to "see" the Global Industrial Recession we're already in…

This Asset Class has crashed -22% from its Cycle Peak in #Quad4 pic.twitter.com/SU9VhuiOqQ

— Keith McCullough (@KeithMcCullough) June 28, 2023

See also Wall Street’s volatility game masks exhaustion before crash. Amazon prime day sales are down 41% year over year. Yield curve’s sharp rise stokes fears recession may already be here

2/ China's annual exports indicate a potential contraction in global demand

Chinese exports YoY came in at -7.5% for May 2023, a significant deviation from the forecasted -0.4% pic.twitter.com/nUEU0PZIAu

— Bravos Research (@bravosresearch) June 28, 2023

See also Trump's message said it all. We are already at the best. He is not forecasting new highs. He is asking markets to settle. That is not bullish. That is a top.

4/ The downturn in Chinese exports raises concerns about the health of the global economy

— Bravos Research (@bravosresearch) June 28, 2023