August 19, 2022 | Last week we highlighted the size of the Chinese economy, and the impact it could have on the global economy. This week China’s economic indicators point to further trouble brewing… The impact of a slowdown in China is currently flying under the radar in financial markets. Source: Gavekal
...August 19, 2022 | Trucking company’s revenues continue to move lower since peaking in early 2022, another sign that supply chain bottlenecks are easing. Bottlenecks easing = Cheaper supply chains = Lower prices Further evidence that inflation should be slowing. Source: thedailyshot
...August 12, 2022 | Rainy day coffers are at record highs, this continues to positively reinforce the strong fundamental backdrop for municipal bonds. Robust rainy day coffers will help counterbalance any doubt of a state’s ability to meet their debt obligations. Source: Bloomberg,@thedailyshot
...August 12, 2022 | A quiet slowdown is happening in China, fueled by a weak housing market. China’s market is huge and often underestimated, a major slowdown in China will affect the global economy. We are keeping a close eye on how China responds to the slowdown.Source: Alpine, @thedailyshot
...August 12, 2022 | While consumers have little control of inflation, they do control where they spend money. Unsurprisingly electronics, entertainment and dining out top the list… aka THE Consumer Discretionary sector.Look for downward pressure on the sector as this unfolds. Src: Morgan Stanley
...August 12, 2022 | Credit card spending continues to march upwards. While consumers may be funding higher prices with credit cards, spending is spending. More Spending = More Profits, which is good for markets. If spending slows down, look for markets to become more bearish. Source: @thedailyshot
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