Top 5 Charts: China Credit Cycle Restarts, U.S. Crude Oil Inventory Falls to Lowest Since Oct. 2018

🇨🇳 #China M1 money supply (usually a leading indicator) rose 3.5% YoY in December (3-month high; v +3.0% YoY prior)
*Real M1 rose 2.0% YoY in December (3-month high; v +0.7% YoY prior) pic.twitter.com/cg3CR2VAgg

— Christophe Barraud🛢🐳 (@C_Barraud) January 12, 2022

Crude inventories pic.twitter.com/kOHVPBlgPD

— zerohedge (@zerohedge) January 12, 2022

'The price of batteries for electric vehicles looks set to rise in 2022 following a decade of sharp decline as supplies of lithium and other raw materials fail to keep up with ballooning demand.' https://t.co/15iRgaD7A1 pic.twitter.com/6qMfTxSZmq

— Jesse Felder (@jessefelder) January 12, 2022

Used car prices continues to explode ridiculously higher as one can buy a new car and flip it used for a profit.

This will reverse just in time for the Fed to tighten into the slowdown pic.twitter.com/NiPl2CSUyh

— zerohedge (@zerohedge) January 12, 2022

Super core teardown and durables ex autos. pic.twitter.com/RN4WBa0kxE

— George Pearkes (@pearkes) January 12, 2022