January 22, 2024 | The U.S. money supply, along with import and export prices, continues to decline.
Why It Matters: These trends could suggest the Fed may have won its battle against inflation.
Source: SoberLook, dailychartbook
...January 15, 2024 | China overtook Japan to become the world’s largest exporter of cars.
Why It Matters: The shift not only highlights China’s dominant role, but also signals a reshaping of the automotive market, where the impact is likely to be felt first in the European Union.
Source: Gavekal
...June 12 2023 | U.S. trade deficits expand to levels unseen since October of 2022. Why It Matters: U.S. imports, often overlooked, are a great proxy for consumer demand. Increased Demand = Increased Imports. It’s encouraging to see a reversal in the previously declining data trend. Source: Source Financial Advisors
...February 13, 2023| China lifting its COVID lockdown has major implications, not just for the European Union but also for South America. As a major importer, this could drive demand and boost emerging markets.We’re seeing positive inflows in these markets.Source: Gaveka
...October 10, 2022 | U.S. Imports dropped for the 3rd consecutive month by -1.13% (month over month). We will be watching imports very closely to see if this trend continues. U.S. Imports are a great forward proxy for aggregate demand. Higher US demand = the more the U.S. imports. Source: Source Financial Advisors
...August 26, 2022 | Asian exports have been steadily dropping in 2022, strong evidence that the US consumer is returning to normal spending patterns: spending more on services vs goods. This is not good news for Consumer Discretionary stocks, which are already experiencing pain this year. Source: MorganStanley
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