21 May 2024
Deflationary forces are intensifying again in germany.
Producer prices fell by 3.3% YoY in April. In March, the decline was 2.9%. PPI is a good leading indicator for CPI. Source: Bloomberg, HolgerZ
21 May 2024
The cost of servicing US government debt is on course to surpass defense spending
Source: Bloomberg, Michael McDonough
16 May 2024
US Demographics
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15 May 2024
“We have to let restrictive policy do its work on inflation.”
Fed Chair Jay Powell Source: Lawrence McDonald, Bloomberg
15 May 2024
Non major macro weeks have been better...
Source: BofA
14 May 2024
Recession and stagflation don't happen often in the grand scheme of things... 90% of the time we avoid them...
Source: BofA
13 May 2024
Ahead of US CPI, it's important to note that the data point tends to weigh heavily on bond yields -- up or down.
Source: Bloomberg, Markets & Mayhem
13 May 2024
In 1971 the US came off the gold standard
Source: Game of Trades, Michael Burry Stock Tracker ♟
