Top 10 Macro/Financial Charts of the Week – w46 (2022)
🇺🇸 A 4th straight negative print (on a YoY basis) of Conference Board’s Top 10 Leading Indicators signals that #recession is looming – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) November 18, 2022
*The gauge has a track record in anticipating every recession since the early 1970s.
*US OCT. LEADING INDICATOR ⬇ 0.8% M/M; EST. -0.4% pic.twitter.com/DCzyF8RR01
The Conference Board's leading index has fallen for the eighth consecutive month. pic.twitter.com/7zb6SPJMEh
— Longview Economics (@Lvieweconomics) November 18, 2022
🇺🇸 Skimming U.S. #Housing Froth a Delicate, Daunting Task – Dallas #Fed
— Christophe Barraud🛢🐳 (@C_Barraud) November 17, 2022
*Link: https://t.co/sIw6LK41mY pic.twitter.com/XAohJoiL3n
🇺🇸 The cracks in the US #Treasury #bond market – FT
— Christophe Barraud🛢🐳 (@C_Barraud) November 17, 2022
*Link: https://t.co/9cMoVY9vMt pic.twitter.com/uTIHl8cB1a
🇺🇸 #Housing | Rental Market Tracker: #Rents Rose 7.8% in October—Slowest Growth in 14 Months – Redfin
— Christophe Barraud🛢🐳 (@C_Barraud) November 16, 2022
*Rents declined 0.9% on a month-over-month basis⚠
*Link: https://t.co/Ju4ZsocPzD pic.twitter.com/BzL2fAGfvN
🌎 #Deflation | #Food Prices Are Coming Down — Just Not in Time for Thanksgiving – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) November 16, 2022
*Link: https://t.co/fDfXI6mcB1 pic.twitter.com/JwS9C6RxlW
Retailers’ pricing power continues to weaken as inventories climb. pic.twitter.com/E0jTcNAsAG
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) November 15, 2022
Key shipping rates continue to fall 60-70% on an annual basis. pic.twitter.com/PQ5rRU5yqA
— Longview Economics (@Lvieweconomics) November 18, 2022
🇩🇪 German Bond Market Flags Impending Economic Hard Landing – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) November 18, 2022
*Two-year yields are higher than their 10-year counterparts for the first time since the pandemic struck in March 2020. pic.twitter.com/aqBkbEfL0t
*Note: Previous reports can be found here