The recession may very well be under our feet. https://t.co/R908EqZmCT

— Bryan Beatty (@BryanB8) May 16, 2023

🇺🇸 Bank Funding during the Current Monetary Policy Tightening Cycle – FRBNYhttps://t.co/HJEAZZKwsa pic.twitter.com/xoK6LQb8fF

— Christophe Barraud🛢🐳 (@C_Barraud) May 17, 2023

Industrial Production Increased 0.5% in Aprilhttps://t.co/HrzpxBsTvG pic.twitter.com/pY6HtCOWJc

— Bill McBride (@calculatedrisk) May 16, 2023

Retail Sales Increased 0.4% in Aprilhttps://t.co/xQKtKrSffj pic.twitter.com/Ut0MHHuwOK

— Bill McBride (@calculatedrisk) May 16, 2023

US retail sales increased 0.5% over the last year, the lowest growth rate since May 2020 & well below the historical average of 4.8%. After adjusting for inflation, though, the story is far worse. Real retail sales fell 4.2% over the last year, the 6th consecutive YoY decline. pic.twitter.com/pWFvh6g3fp

— Charlie Bilello (@charliebilello) May 16, 2023

US homebuilder sentiment unexpectedly rises to the highest level in 10 months as limited supply continued to drive prospective buyers toward new construction https://t.co/ZQBCwiuHde

— Bloomberg Economics (@economics) May 16, 2023

Richmond Fed President Barkin says he’s willing to raise interest rates again if needed https://t.co/nDaZBMtshF

— Bloomberg Markets (@markets) May 16, 2023

The Fed hawks and doves all have the same goals but seem to disagree on whether more hikes are needed in the near term to push inflation down. https://t.co/IpCtAV565H via @economics

— Steve Matthews (@SteveMatthews12) May 17, 2023

🇺🇸 Goldman’s CEO, Top US Executives Urge Quick Action on US Debt Limit – Bloomberghttps://t.co/8MIteMAIzY

— Christophe Barraud🛢🐳 (@C_Barraud) May 17, 2023

US trade regulators’ surprise attempt to block a pending drug industry merger is creating alarm that the government will upend a successful business model in the industry.https://t.co/HUU36DgeRc

— Bloomberg Law (@BLaw) May 16, 2023

🇮🇳 Stubborn Cash Squeeze Risks Derailing India’s Economic Recovery – Bloomberghttps://t.co/5i35Wn37ZW pic.twitter.com/nbgB6vd0bS

— Christophe Barraud🛢🐳 (@C_Barraud) May 17, 2023

Japan Industrial Production (M/M) Mar F: 1.1% (prev 0.8%)
– Industrial Production (Y/Y) Mar F: -0.6% (prev -0.7%)
– Capacity Utilisation (M/M) Mar: 0.8% (prev 3.9%)

— LiveSquawk (@LiveSquawk) May 17, 2023

Japan emerges from recession on post-COVID consumer rebound https://t.co/GJkeIT1OMi pic.twitter.com/w2zv5BrG8T

— Reuters (@Reuters) May 17, 2023

🇨🇳 #China's new home prices rise at slower pace in April – Reutershttps://t.co/66mQ6hWgEj

— Christophe Barraud🛢🐳 (@C_Barraud) May 17, 2023

Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting the economy will avoid a wage-price spiral https://t.co/Kqcbi3SJGk

— Bloomberg Markets (@markets) May 17, 2023

🇨🇳 #China's slowing economy renews calls for stimulus, but policy transmission a concern – China Securities Journal
*Link (Chinese): https://t.co/vWkKoJ02UShttps://t.co/ntk7TfqnU1

— Christophe Barraud🛢🐳 (@C_Barraud) May 17, 2023

China's yuan is weakening toward the key psychological 7-per-dollar level after disappointing economic data https://t.co/CgDnzrRSqF

— Bloomberg Asia (@BloombergAsia) May 17, 2023

There's a global “battle of offers” going down as the G-7 courts countries away from their rivals in Beijing and Moscow https://t.co/WhVnwDMyaH via @bpolitics

— Alan Crawford (@ACBerlin) May 17, 2023

Europe Car Sales Up In April As Output Gains On Better Supply – BBG https://t.co/EKoFhXXiQK

— LiveSquawk (@LiveSquawk) May 17, 2023

French unemployment rate falls to Mitterrand-era low https://t.co/bJj4yAeLVR via @WHorobin pic.twitter.com/83nxN2vvNT

— Zoe Schneeweiss (@ZSchneeweiss) May 17, 2023

London’s cooling luxury housing market is turning into a tale of two sellers — those willing to knock down the asking price to secure a deal and those too stubborn to budge https://t.co/yzDAIRVLw8

— Bloomberg UK (@BloombergUK) May 16, 2023

Spain’s Calvino says she’s confident the ECB will take the right decisions https://t.co/Lki7QSvP9L pic.twitter.com/EILmobKhRi

— Zoe Schneeweiss (@ZSchneeweiss) May 16, 2023

ECB’s Stournaras says rate hikes are close to their end https://t.co/XU0dmQIXum via @NikasSotiris pic.twitter.com/YpQ2lVZe3b

— Zoe Schneeweiss (@ZSchneeweiss) May 16, 2023

Prime Minister Rishi Sunak says the UK will allow an extra 10,000 seasonal agricultural workers to enter the country next year in response to demands from farmers https://t.co/qi3E2faZmd

— Bloomberg (@business) May 16, 2023

The EU is unlikely to amend its 11th Russia sanctions package to permanently shut natural gas pipelines the Kremlin turned off following its invasion of Ukraine, even though it's up for discussion at the upcoming G7 summit, diplomats told POLITICO.https://t.co/gPTj8RufSt

— POLITICOEurope (@POLITICOEurope) May 16, 2023

France presented a green industry bill including tax credits and targeted bonuses for EVs, seeking to rival US support for its businesses in the shift to an economy with lower-carbon emissions. https://t.co/RG6mlfsMmZ

— Bloomberg Tax (@tax) May 16, 2023

⚠ #WeekAhead: Week 20 (2023) ⚠

🇬🇧 🇪🇺 🇺🇸 #BOE, #ECB and #Fed Speakers
🇪🇺 EC Spring Forecasts
🌎 #G7 Leaders Summit
🇺🇸 US Data
🇺🇸 #Debt Ceiling Talks
…https://t.co/XPrF6IUR3o

— Christophe Barraud🛢🐳 (@C_Barraud) May 15, 2023