Evidence for demand destruction in the US economy is really piling up. Consumer sentiment tumbled, services businesses in parts of the country are shedding workers in a way and to a degree we only see during recession, and major Midwest manufacturing plunged. All that was just today. The common theme through each one is a change in employment conditions and not the good one.
Eurodollar University's Money & Macro Analysis
the Conference Board Consumer Confidence
https://www.conference-board.org/topics/consumer-confidence
Texas Service Sector Outlook Survey
https://www.dallasfed.org/research/surveys/tssos/2024/2404#tab-comments
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
You Won't Believe What's Happening in China
LEAKED: Interest Rate Cuts Are Coming?!
Europe is Now In Full Blown Crisis Mode (what does this mean for the rest of the world?)
Oh Sh*t, The Job Market Just Broke
Phase 2 of the Commercial Real Estate Collapse Has Begun
What Comes After the Dollar dies
This Could Force the Fed to Cut Rates in July
Recession Warning Signs You Need To Be Watching (w/ @EPBResearch )
China's Treasury Market Just Hit a Record Low
Oh Sh*t, GLOBAL Unemployment Is Rising (What does this lead to)
The Japanese Yen Is CRASHING (what this means for the world)
Walgreens Warns: People Have Suddenly Stopped Coming
You Won't Believe What China's Central Bank Is Doing
Primary Dealer Banks Showing Signs Of Global Collateral Tightening
Japan is buying MASSIVE Amounts of Junk Credit
Copper's Latest Move Has The Market Freaking Out
Oh Sh*t, AAA Debt Is Starting to Fail Again...
You Won’t Believe What the Swiss Central Bank Just Did
MAJOR Bank Makes Announcement to Sell Billions in Treasuries
New Data is Screaming a Full Blown Recession is Confirmed
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