Markets
🇺🇸 #SPX | S&P 500 Earnings Could Go From Bad to Even Worse in 2023, BofA Says – Bloomberghttps://t.co/QowYdLgo0h pic.twitter.com/hEUyI75Arl
— Christophe Barraud🛢🐳 (@C_Barraud) April 14, 2023
CNBC Exclusive: CNBC Transcript: Amazon CEO Andy Jassy Speaks with CNBC’s Andrew Ross Sorkin on “Squawk Box” Today https://t.co/ryXTJCRJRT
— real-grows (@GrowsReal) April 15, 2022
*Focus on banks
🇺🇸 #Fed’s Emergency Loans to Banks Fall for Fourth Straight Week – Bloomberghttps://t.co/kU3CfIigfs pic.twitter.com/rQIijwrF03
— Christophe Barraud🛢🐳 (@C_Barraud) April 14, 2023
NEW: After the FDIC brokered the sale of collapsed SVB to First Citizens, it got a notable critic: one of its own board members https://t.co/XxNNuQEAV4
— Bloomberg (@business) April 13, 2023
Economic Indicators and Prospects
US Jobless Claims Increase to 239,000, Led by Jump in California #joblessclaims #economics #unemployment #interestrates https://t.co/HNFwRJ9MtA
— GreenerBucks (@GreenerBucks) April 13, 2023
1- BofA sees March wage growth down to +2%, based on their deposit data
— Florian Kronawitter (@fkronawitter1) April 13, 2023
This is significantly below other recent measures of wage growth (e.g. Atlanta Fed, NFP) pic.twitter.com/Mykznls7n5
Truckload spot rates have dropped by 21% since the start of the year (off the back of one of the worst 4Q in recent memory)… pic.twitter.com/SmOnwGkEnx
— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) April 13, 2023
The White House says it sees no sign of a US recession ahead https://t.co/rPLD38UEHl
— Bloomberg (@business) April 13, 2023
Housing
The share of submarkets reporting apartment rent cuts continues to inch up month after month, with nearly 10% reporting YoY cuts on new leases in March.
— Jay Parsons (@jayparsons) April 13, 2023
That's slightly above the "normal" pre-pandemic share, but still far lower than the lockdown period of 2020… pic.twitter.com/hC7RMLDoCR
Realtor. com Reports Weekly Active Inventory Up 44% YoY; New Listings Down 32% YoY https://t.co/6mddZ0wI5D pic.twitter.com/Us7XERJbJh
— Bill McBride (@calculatedrisk) April 13, 2023
Current State of the Housing Market; Overview for mid-April https://t.co/Yq7c6WhqjM
— Bill McBride (@calculatedrisk) April 13, 2023
The monthly payment for the same house, with house prices up 23% over two years and mortgage rates at 6.42%, would be $3,084 – an increase of 81%.
Monetary Policy
Fed Chair Powell meets Chinese counterpart Yi Gang https://t.co/ZriveTTs7m
— CNBC (@CNBC) April 14, 2023
The head of the Bank of Canada told global policymakers that getting inflation back within its control range isn’t enough, reinforcing that interest rates may stay higher for longer. https://t.co/UvDbbyT5TS
— BNN Bloomberg (@BNNBloomberg) April 13, 2023
Politics
Biden's top Medicare official is planning the health program's first drug-price negotiations https://t.co/yUc0qauQTD
— Bloomberg (@business) April 13, 2023
Trade, Supply Chain and Geopolitics
US purchases of machines to make computer chips from Taiwan rose to a record last month https://t.co/H5pUF5PVrZ
— Bloomberg Technology (@technology) April 13, 2023
The US is pressing the need for allies to coordinate against economic coercion, not just military threats, Ambassador Rahm Emanuel says, as Japan prepares to host top diplomats from G-7 nations https://t.co/hmhgwaG7La
— Businessweek (@BW) April 14, 2023
US President Biden greeted by Irish President as day of ceremony in Dublin beginshttps://t.co/4ByKAe1eqZ
— Belfast Telegraph (@BelTel) April 13, 2023
Markets
Hong Kong’s interbank liquidity is approaching the lowest level in three years following a series of intervention to defend the local currency’s peg to the US dollar https://t.co/9CDVU13AH9
— Bloomberg (@business) April 14, 2023
Economic Indicators and Prospects
🇨🇳 #PBOC’s Yi Says #China to Achieve GDP Target, Property Improving – Bloomberghttps://t.co/4apCE7gB3j
— Christophe Barraud🛢🐳 (@C_Barraud) April 14, 2023
China's recent economic indicators are providing contradictory signals about the recovery, raising doubts about the growth outlook and fuelling debate over whether Beijing needs to step up its stimulus.https://t.co/0UZviwMZfp
— Economic Times (@EconomicTimes) April 14, 2023
Monetary Policy
Singapore Is Latest to Halt Policy Tightening as GDP Shrinks https://t.co/BT8W4rEb6H pic.twitter.com/DyDUKzhSTC
— World News Guru (@worldnews_guru) April 14, 2023
Fiscal Policy
Australia’s Flawed Tax System In Spotlight Ahead Of Next Budget – BBG https://t.co/IDatLjs4xs
— LiveSquawk (@LiveSquawk) April 13, 2023
Trade, Supply Chain and Geopolitics
Taiwan is working with friendly nations on how to respond to a possible economic blockade by China, a scenario that appears more likely than a direct military attack, a senior Taiwanese diplomat said. https://t.co/NfJEEioODj
— The Japan Times (@japantimes) April 14, 2023
NEW: A warning in Japan of a North Korean missile overhead touched off a social media storm, with people on the ground asking for a few more specifics https://t.co/1QGEEQGU5p
— Bloomberg Asia (@BloombergAsia) April 13, 2023
Economic Indicators and Prospects
French CPI EU Harmonised (M/M) Mar F: 1.0% (est 0.9%; prev 0.9%)
— LiveSquawk (@LiveSquawk) April 14, 2023
– French CPI EU Harmonised (Y/Y) Mar F: 6.7% (est 6.6%; prev 6.6%)
– French CPI (M/M) Mar F: 0.9% (est 0.8%; prev 0.8%)
– French CPI (Y/Y) Mar F: 5.7% (est 5.6%; prev 5.6%)
Spanish CPI (M/M) Mar F: 0.4% (est 0.4%; prev 0.4%)
— LiveSquawk (@LiveSquawk) April 14, 2023
– Spanish CPI (Y/Y) Mar F: 3.3% (est 3.3%; prev 3.3%)
– Spanish CPI EU Harmonised (M/M) Mar F: 1.1% (est 1.1%; prev 1.1%)
– Spanish CPI EU Harmonised (Y/Y) Mar F: 3.1% (est 3.1%; prev 3.1%)
Housing
The UK housing market downturn is coming to an end — but it will be a lukewarm recovery, according to HSBC https://t.co/lGYbUD19fy
— Bloomberg (@business) April 13, 2023
Monetary Policy
ECB’s Nagel says there’s further to go on interest-rate hikes https://t.co/1iqk7NY7L7 via @weberalexander @KowalczeKamil pic.twitter.com/H1NTUl4iJF
— Zoe Schneeweiss (@ZSchneeweiss) April 13, 2023
“At the current moment, I would certainly not exclude also 50 basis points,” – #ECB Kazakshttps://t.co/M4TIw8R1zx
— Christophe Barraud🛢🐳 (@C_Barraud) April 14, 2023
🇪🇺 There’s “still some way to go” on interest-rate increases. “We are worried about core inflation not yet peaking,” – #ECB Sciclunahttps://t.co/FZZWEdRNy8
— Christophe Barraud🛢🐳 (@C_Barraud) April 14, 2023
Politics
🇫🇷 Factbox: What's next for #France's pension reform? – Reutershttps://t.co/i0Pj4XvQ3F
— Christophe Barraud🛢🐳 (@C_Barraud) April 14, 2023
Trade, Supply Chain and Geopolitics
Norway expels 15 Russian diplomats suspected of intel work via ABCNews https://t.co/FpDcLtIofY
— Jeffrey Levin 🇺🇦 (@jilevin) April 13, 2023
⚠ #WeekAhead: Week 15 (2023) ⚠
— Christophe Barraud🛢🐳 (@C_Barraud) April 10, 2023
🇺🇸 U.S. CPI
🌎 #IMF Economic Outlook
🌎 #G20 Finance Ministers Meeting
🇺🇸 #FOMC Minutes
🇺🇸 🇬🇧 Biden Visits Northern Ireland
🇺🇸 U.S. Earningshttps://t.co/CKirPFWrRY