🇺🇸 US Bank Deposits and Lending Both Dropped Last Week Amid Turmoil – Bloomberg
— Christophe Barraud🛢🐳 (@C_Barraud) April 1, 2023
*Decrease in overall lending was largest since June 2021 ⚠https://t.co/ZgRpJSD3Fc pic.twitter.com/CkX802lydd
The US Money Supply has fallen 2.4% over the last 12 months, the largest year-over-year decline on record (note: M2 data goes back to 1959). pic.twitter.com/RzXrMveapy
— Charlie Bilello (@charliebilello) March 28, 2023
Companies mentioning ''job cuts'' more often than ''labor shortage'' in recent earnings calls. pic.twitter.com/mxyoGpuDWd
— Alf (@MacroAlf) March 28, 2023
🇺🇸 #Fed #Inflation #Housing | Latest data from Apartment List confirmed that divergence between market #rents and CPI shelter is increasing.
— Christophe Barraud🛢🐳 (@C_Barraud) March 29, 2023
*Figures point to a downward normalization of CPI measure in the coming months. pic.twitter.com/QSjJnecDxa
APOLLO: “.. survey-based and market-based measures of inflation expectations are falling quickly, and the Fed will soon be talking about this as an important reason why they can allow themselves to be more dovish and ultimately start cutting rates ..” [Slok] #FOMC pic.twitter.com/DZgPjmx2q3
— Carl Quintanilla (@carlquintanilla) March 28, 2023
Similar trend from households' inflation expectations. No further improvement in March, but the upcoming large drop in headline inflation will likely help in coming months. pic.twitter.com/PeLZ5nqz1m
— Frederik Ducrozet (@fwred) March 30, 2023
Bank credit remained weak in February, down for loans to households and stabilising for loans to corporates. That was before the recent events, and the direction of travel looks clear. Question is much banks will tighten eventually (Bank Lending Survey out on 2 May will be key). pic.twitter.com/5W58GXI8iD
— Frederik Ducrozet (@fwred) March 27, 2023
The last time credit flow in the Eurozone was like this, the economy was in a real bad shape… pic.twitter.com/10Yp40CTnG
— Daniel Kral (@DanielKral1) March 27, 2023
The 'ECB headache' chart is getting worse, but we're getting close to the peak (probably/hopefully/let's pray). pic.twitter.com/fFmLL0KFVl
— Frederik Ducrozet (@fwred) March 31, 2023
*Note: Previous reports can be found here