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The importance of using the right media to reach your target audience
Source: Mom's Village Asia
Friendly reminder that markets are always wrong about future Fed funds rate.
Source: Michel A.Arouet
As highlighted by Tavi Costa, this is one of the reasons China is enhancing teh quality of its international reserves and accumulating gold:
China’s macro imbalances are increasing pressure on its monetary system to devalue. Source: Bloomberg, Tavi Costa, Crescat Capital
Homebuyer conditions for US consumers plummeted to their lowest level in history this month.
The index of buying conditions for houses fell to ~30 points which is below the previous low of ~40 points in the early 1980s. In just 4 years, conditions for buying a house have dropped by 110 points, a massive 73% decline. Meanwhile, buying conditions for vehicles and large household durables are down for 3 straight months. Source: The Kobeissi Letter
S&P 500 $SPX hasn't declined by 2% or more for 317 consecutive trading days, the longest streak since a 351-day stretch that lasted from Sep 2016 through Feb 2018.
Source: Barchart
The breadth in commodity price spikes is the highest in two years
Source: Bloomberg
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