Unemployed Americans are spending more time out of work as employers slow down hiring from a red-hot pace earlier in the pandemic

latest from @sechaney https://t.co/dO3UdYd7EY pic.twitter.com/clQIyFKYlE

— Nick Timiraos (@NickTimiraos) January 23, 2023

🇺🇸 *US DEC. LEADING INDICATOR FALLS 1.0% M/M; EST. -0.7% – BBG
*The index fell for a 10th straight month.
*On a YoY basis, the index decreased by 7.4% and is down for a 7th straight month (a pattern usually associated with a #recession) pic.twitter.com/5Kvs7wvVy6

— Christophe Barraud🛢🐳 (@C_Barraud) January 23, 2023

The LEI index at -1% -> ISM at 40-45 in 2-3 months

Temporary soft landing narrative… pic.twitter.com/nFbznRveGn

— AndreasStenoLarsen (@AndreasSteno) January 23, 2023

LEI continues to fall, now down an annualized 8.2% over the last 6-months. That's in the ballpark of prior recessions, yet GDP consensus for Q4 is squarely positive. So, false alarm from LEI, or GDP contraction still coming? I'm in the latter camp. pic.twitter.com/elScmCIX2c

— Liz Young (@LizYoungStrat) January 23, 2023

They said it couldn't be done. Why a #cdnecon soft landing went from fool's mission to distinct possibility, via @StephHughes95:

Recession or soft landing? Economists divided as economy, labour market prove resilient https://t.co/2a6SYFUNo5

— Kevin Carmichael (@CarmichaelKevin) January 21, 2023

I keep being surprised by the data for home buyer demand and price strength.

The percent of homes with price cuts fell again this week to 34.7%. Less demand than the frenzy of course, but significantly improved from Q4.

More in this week's @AltosResearch video 📽️🧵👇

1/6 pic.twitter.com/dxBRRsEhDC

— Mike Simonsen 🐉 (@mikesimonsen) January 23, 2023

MBA Survey: "Share of Mortgage Loans in Forbearance Remains Flat at 0.70% in December" https://t.co/WCAEF5Sacr pic.twitter.com/arOGuPZCLY

— Bill McBride (@calculatedrisk) January 23, 2023

Central bankers should prioritize growth over their pride: @marcusashworth https://t.co/dwhQZUypzu via @opinion pic.twitter.com/1tq6lFoPkj

— Zoe Schneeweiss (@ZSchneeweiss) January 24, 2023

#OOTT | US Weighs Cancellation Of Next SPR Sale – Energy Intelligencehttps://t.co/tsYrmxPr4X

— LiveSquawk (@LiveSquawk) January 24, 2023

🇺🇸 🇹🇼 🇨🇳 Pentagon planning for #Taiwan visit by US House Speaker Kevin McCarthy, report says – SCMPhttps://t.co/pIaFGwAVNs

— Christophe Barraud🛢🐳 (@C_Barraud) January 24, 2023

US Confronts China Over Companies’ Ties To Russian War Effort – BBGhttps://t.co/lQpLFv2OP4

— LiveSquawk (@LiveSquawk) January 24, 2023

Australian Dec business conditions moderate, cost pressures ease – survey – https://t.co/Fl0t5dj4PD

— Investing.com News (@newsinvesting) January 24, 2023

🇯🇵 #Japan's factory activity extends declines for third straight month – PMI – Reutershttps://t.co/2NgAYf2ePc

— Christophe Barraud🛢🐳 (@C_Barraud) January 24, 2023

Just when signs point to easing inflation worldwide, China’s economic reopening after years of strict pandemic controls is raising questions about whether it could spur costs higher again https://t.co/NA8Wr3l2L3

— Nick Timiraos (@NickTimiraos) January 23, 2023

Goldman: growth outlooks in China and Europe have improved markedly. pic.twitter.com/ey2Q6YxQP6

— Mike Zaccardi, CFA, CMT (@MikeZaccardi) January 23, 2023

Bank Of Japan Eases Bond Market Strains With Loans To Banks – FThttps://t.co/y5ZM4BpDMZ

— LiveSquawk (@LiveSquawk) January 24, 2023

🇯🇵 Japan is one of this year's hot macro topics. Here are a few important dates to watch. pic.twitter.com/Ga6Zx9bgiL

— Frederik Ducrozet (@fwred) January 23, 2023

China invoked the US’s brinkmanship over its own debt limit as it hit back at Janet Yellen’s criticism of Beijing’s handling of debt issues in developing countries https://t.co/O8ZUmP26xP

— Bloomberg Markets (@markets) January 24, 2023

🇪🇺 Eurozone set to avoid #recession this year as economists’ gloom lifts – FThttps://t.co/dE0uJgbNKR pic.twitter.com/gHb7nii5y7

— Christophe Barraud🛢🐳 (@C_Barraud) January 23, 2023

Consumer sentiment in the euro area rises to the highest level since last February, a sign of resilience as the region seeks to dodge recession this year https://t.co/1aXRIBQgZC

— Bloomberg (@business) January 23, 2023

“It is vital that inflation rates above the ECB’s 2% target do not become entrenched in the economy” https://t.co/7AvsUSe3tg

— Bloomberg (@business) January 23, 2023

ECB’s Nagel: Expect Euro Area Inflation To Be Back At 2% End-2024, 2025 – Econostream https://t.co/TkrazYHV7V

— LiveSquawk (@LiveSquawk) January 23, 2023

The UK did not fall into recession in the final three months of the year, as had been widely anticipated https://t.co/KtEdVyPPpE

— Financial Times (@FinancialTimes) January 23, 2023

UK Deficit Soars To Record As Inflation Boosts Debt Payments – BBG https://t.co/dAo2vEYK2p

— LiveSquawk (@LiveSquawk) January 24, 2023

The French government formally presents its pension reform at a cabinet meeting even as unions and opposition parties ready further strikes and protests against the plan https://t.co/nRqsfoFpy3

— Bloomberg (@business) January 23, 2023

🇪🇺 #Europe #Gas Drops as Mild Weather Forecast Eases Supply Concerns – Bloomberg
*Benchmark futures fall as much as 11%, extending Monday’s drophttps://t.co/7rWnfAOM70 pic.twitter.com/4mkPQ42BrV

— Christophe Barraud🛢🐳 (@C_Barraud) January 24, 2023

For France and Britain, the winter crisis isn’t what was expected https://t.co/mmgvzXtmgv pic.twitter.com/Xl9NWSWHPG

— Zoe Schneeweiss (@ZSchneeweiss) January 23, 2023

Britain And EU Unlikely To Change Brexit Deal Much, Despite Issues – RTRShttps://t.co/QsakawOwFX

— LiveSquawk (@LiveSquawk) January 24, 2023

⚠ #WeekAhead: Week 4 (2023) ⚠

🇨🇦 #BOC Meeting
🇯🇵 #BOJ Minutes
🇪🇺 #ECB Speakers
🌎 Flash PMIs
🇺🇸 U.S. GDP
🇪🇸 Spanish GDP
…https://t.co/wIDbXSpk2n

— Christophe Barraud🛢🐳 (@C_Barraud) January 23, 2023

Supply chains may be finally healing

Flexport data shows the time it takes cargo to leave China and arrive in the US/Europe is rapidly declining and finally approaching pre-pandemic levels. pic.twitter.com/nKmxG5YSNj

— Joey Politano 🏳️‍🌈 (@JosephPolitano) January 24, 2023