August 21, 2023 | Another China property developer teeters, fueling default fears. In response, China cuts interest rates, sending China’s currency to their lowest since 2008.
Why It Matters: China’s woes are a growing global concern. If China takes a dive, the world may feel the splash.
Source: thedailyshot
...August 14, 2023 | Chinese inflation dips negative, and with sluggish producer prices, could be hinting it stays that way.
Why It Matters: China is the heartbeat of global manufacturing, and a decline in prices will have ripple effects for prices globally.
...August 14, 2023 | Curious why higher interest rates aren’t impacting the economy quicker? One word: Cash.
Why It Matters: Post-Covid U.S. businesses have been hoarding more cash than ever.
This cash cushion benefits from higher rates, counterbalancing rising financing costs.
Source: Gavekal
...August 14, 2023 | Oil prices are surging and drillers are ramping up supply.
Why It Matters: The U.S. is refilling the Strategic Petroleum Reserve, the first in 12 months, and this could be boosting prices temporarily. If the U.S. shifts focus to cheaper oil, expect a change, especially with rising production.
Source: thedailyshot
...August 14, 2023 | Inflation is slowing down, echoing last month’s report.
Why It Matters: When annualized, inflation is at a +2% pace. As inflation cools, it should mean less pressure on the Fed to keep raising rates. This reaffirms that the recent rate hike may have been the last.
Source: Source Financial Advisors
...June 12 2023 | The ratio of stock to bond volatility has plunged to an almost 30 year low. Why It Matters: The stock and bond markets are projecting contrasting forecasts. The stock markets foresee stability ahead, while bond markets anticipate choppier seas. Source: thedailyshot
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