As we have noted numerous times, “as goes China’s credit impulse, so goes the world,” which means there’s trouble ahead as the impulse has rolled over… Source: Bloomberg And that roll-over has coincided with the ‘apparent’ death of growth stocks and while most eyes are on US big-tech, Chinese tech stocks crashed overnight, with tech-heavy […]
Authored by John Davies and Steve Englander via Standard Chartered, Powell was not concerned by higher yields early last week but he may change his tune on 4 March Brainard has already admitted that more recent price action has caught her attention We expect Powell to flag scope for a policy response if rising long-term […]
A powerful earthquake struck off New Zealand’s North Island at 2:27 a.m. local time on Friday, registering a preliminary magnitude of 7.3, according to United States Geological Survey (USGS). *7.3 MAG. EARTHQUAKE 238 KM ENE OF GISBORNE NEW ZEALAND :USGS — zerohedge (@zerohedge) March 4, 2021 USGS warns “hazardous tsunami waves” are possible 300km (186 miles) […]