Black Friday nominal and real US retail sales growth
Retailers’ Inflation-Fighting Discounts Yield Modest Growth on Black Friday
Korean House Prices Drop by Most Since 2013 as Credit Woes Moun
Source: Bloomberg
WTI tumbled to lowest since December 2021
Oil prices plunge as China protests hit risk sentiment. China unrest comes after sharp pullback in oil mkt as risk of China slowdown looms & EU floated price cap on Russian crude that looks set to have minimal impa
Here Are All The Funds That Are Losing Billions In FTX
Here is a list of the most prominent investors in FTX courtesy of The Block's Frank Chaparro: BlackRock, Ontario Pension Fund, Sequoia, Paradigm, Tiger Global, SoftBank, Circle, Ribbit, Alan Howard, Multicoin, VanEck, Temasek Source: www.zerohedge.com
No US recession in 4Q according to Atlanta Fed Nowcast
Atlanta Fed nowcast has Q4 GDP running very hot at 4%, which is up a full percentage point from their initial estimate. No recession in their forecast yet.
FTX valuation history
Source: TrungTPhan
The pace of earnings downgrades has accelerated in the US
The pace of earnings downgrades has accelerated in the US, especially compared to Europe, as a Citigroup Inc. gauge of US earnings changes has had 23 consecutive negative prints, the longest losing streak since early 2020 - Bloomberg
A map which shows inflation in Europe
Using latest available data from Eurostat. Source: Milos Popovic.
