🇺🇸 Data confirmed deposit outflows continued last week and affected lending.
— Christophe Barraud🛢🐳 (@C_Barraud) April 8, 2023
*On a percentage basis, total loans fell 0.86% over the past two weeks, the most since December 2009 (see chart from @biancoresearch) ⬇https://t.co/E8G9goYcb6 pic.twitter.com/c2DzAMad42
Thru beginning of April, both loan demand and credit conditions deteriorated per @DallasFed Banking Conditions Survey … both have reversed lower and are near worst since pandemic erupted (note: both series limited and only back to 2017) pic.twitter.com/66VBgpiiwF
— Liz Ann Sonders (@LizAnnSonders) April 6, 2023
🇺🇸 #CMBS | #Office Vacancies Send Real-Estate Investors to the Exits – WSJ
— Christophe Barraud🛢🐳 (@C_Barraud) April 8, 2023
*Some fear rout in commercial mortgage bonds could signal trouble for bankshttps://t.co/Bq8HuC9Aat pic.twitter.com/EyUOhj6ums
Commercial real estate suffered the worst month since the global financial crisis.
— Daniel Lacalle (@dlacalle_IA) April 7, 2023
via NDR pic.twitter.com/B2wmsyIZ9d
🇺🇸 'Powell's curve' plunges to new lows, flashing US #recession warning – Reutershttps://t.co/mEwHpzNjtM pic.twitter.com/Usaa2r0744
— Christophe Barraud🛢🐳 (@C_Barraud) April 7, 2023
A picture that leaves little in the way of interpretation. https://t.co/nfB2f8qWAr pic.twitter.com/C52J8TZnyF
— Danielle DiMartino Booth (@DiMartinoBooth) April 7, 2023
Demand downturn is now the dominant reason for US layoffs.
— (((The Daily Shot))) (@SoberLook) April 7, 2023
Source: @LPL pic.twitter.com/sGMVl6lfiv
🇺🇸 #Stocks Haven’t Looked This Unattractive Since 2007 – WSJhttps://t.co/gc3P8SgVWL pic.twitter.com/5vmQBi06Wv
— Christophe Barraud🛢🐳 (@C_Barraud) April 7, 2023
APOLLO: “Service sector inflation is declining. .. Combined with rapidly falling inflation expectations, .. inflation is coming down to the Fed’s 2% inflation target. ..
— Carl Quintanilla (@carlquintanilla) April 7, 2023
“In short, this inflation episode will soon be over.” [Slok] #CPI pic.twitter.com/WjyxLlg5s3
Global Container Freight Rates (cost of 40′ Containers) are now lower than they were in February 2020…
— Charlie Bilello (@charliebilello) April 7, 2023
Feb 7, 2020: $1,468 (pre-covid rate)
Sep 10, 2021: $11,109 (peak rate)
Apr 7, 2023: $1,416 (-87% from peak)
Simply incredible. pic.twitter.com/tlobWOlBq6
*Note: Previous reports can be found here