Top 10 Macro/Financial Charts of the Week – w10 (2023)

Global #semiconductor industry sales totaled $41.3 billion during the month of January 2023, a decrease of 5.2% m/m and 18.5% less y/y. -SIA
Year-to-year sales ticked up in 🇪🇺Europe (+0.9%) and 🇯🇵Japan (0.7%), but fell in the Americas (-12.4%), and 🇨🇳China (-31.6%). pic.twitter.com/yWptSkQ6Mb

— CN Wire (@Sino_Market) March 8, 2023

Recession probability model from @Economics (based on 10y2y yield spread) has risen to an all-time high pic.twitter.com/mb4urlYyC8

— Liz Ann Sonders (@LizAnnSonders) March 8, 2023

🌎 🇺🇸 #Fed’s All-Clear on Global Supply Chaos Spurned by Logistics Watchers – Bloomberghttps://t.co/fXI41gJblh pic.twitter.com/QpAUseAxuP

— Christophe Barraud🛢🐳 (@C_Barraud) March 10, 2023

🇺🇸 NY #Fed says #supplychain pressures normalized in February – Reutershttps://t.co/74aidIYUqz pic.twitter.com/GQx5mNPK68

— Christophe Barraud🛢🐳 (@C_Barraud) March 7, 2023

🇺🇸 High Frequency Data point to weakness in the U.S. employment market.
*They show that job openings are weaker than JOLTS suggests.
*Charts from @MacroAlf and @zerohedge pic.twitter.com/A1ZqfeuRpk

— Christophe Barraud🛢🐳 (@C_Barraud) March 8, 2023

Great chart to explain how unaffordable the housing market has become.

The average monthly mortgage payment in Atlanta has gone from $320 in 2012 to just under $2,000 now. pic.twitter.com/4hosXwNK7N

— Alf (@MacroAlf) March 8, 2023

🇺🇸 #Housing #Inflation | Rental Market Tracker: Rents Drop To Lowest Level In A Year – Redfin
*The median U.S. asking #rent rose 1.7% YoY to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year.
*Rents fell 0.3% MoMhttps://t.co/IcwIO8g2YL pic.twitter.com/X5jHeG9d2n

— Christophe Barraud🛢🐳 (@C_Barraud) March 11, 2023

pic.twitter.com/zCn0Ia4VGd

— zerohedge (@zerohedge) March 10, 2023

The 2-year is down 44 bps over the last two days (since Wed's close).

Only four other days in the last 40 years have seen larger two-day moves.

Oct 20, 1987 = the day after the largest stock market crash in history (-22%, Oct 19, 1987)

Sept 14, 2001 = two days after the 9/11… https://t.co/INtuNpTCGa pic.twitter.com/8uIR6kFkjk

— Jim Bianco biancoresearch.eth (@biancoresearch) March 10, 2023

🇪🇺 #Inflation perceptions and expectations – #ECB (CES)https://t.co/XBZ2QwDq5b pic.twitter.com/FFxgavDsOW

— Christophe Barraud🛢🐳 (@C_Barraud) March 7, 2023