Was the weakness in April a false flag?

Our nowcasting data hints of a big comeback already through May!

More -> stenoresearch.com/steno-signals-…

Our inflation impulse reached a new high in April.

It looks more and more incosistent with 2% inflation.

More -> stenoresearch.com/steno-signals-…

NEW RECORD

There is MORE than 16 trillion USDs worth of home equity on mortgaged homes now and 11 of those are 'tappable'

Freddie Mac has come up with an interesting suggestion to unleash the 'free equity', which probably accounts for trillions!

More ->…

Was the weakness in April a false flag?

Our nowcasting data hints of a big comeback already through May!

More -> stenoresearch.com/steno-signals-…

NEW RECORD

There is MORE than 16 trillion USDs worth of home equity on mortgaged homes now and 11 of those are 'tappable'

Freddie Mac has come up with an interesting suggestion to unleash the 'free equity', which probably accounts for trillions!

More ->…

😂

Goodmorning ☀️

OOOOOOOOOPS ...

Copper stock in China increased this week contrary to what seasonal patterns would suggest.. Something is cooking in China!

More -> stenoresearch.com/steno-signals-…

The very same rollups that are meant to fulfill Ethereum’s promise as a decentralized world computer also undermine its current strongest narrative as an appealing yield-generating asset. It is going to get worse before it gets better.

Full note: buff.ly/3ydlMdv

The Canadian economy added 90k jobs in April, which was supposed to be a soft patch in activity globally?

Why are Sweden/Canada accelerating, if the world is slowing?

I think growth is re-accelerating globally here

More -> stenoresearch.com/watch-series/p…

Unionized workers in the US saw record raises, while nonunion workers’ pay barely beat inflation over the past 12 months, per Bloomberg.

Wages of private sector union workers rose 6.3% in the year ended in March, the largest increase in data back to 2001.

The very same rollups that are meant to fulfill Ethereum’s promise as a decentralized world computer also undermine its current strongest narrative as an appealing yield-generating asset. It is going to get worse before it gets better.

Full note: buff.ly/3ydlMdv

OOOOOOOOOPS ...

Copper stock in China increased this week contrary to what seasonal patterns would suggest.. Something is cooking in China!

More -> stenoresearch.com/steno-signals-…

Food prices rose a remarkable 3.26% MoM in Norway in April!

Inflation in necessities is returning and it is a STRONG hint ahead of the US inflation report next week. See chart!

Full story -> stenoresearch.com/daily-post/som…

The most important chart in the UK ahead of the BoE meeting?

Inflation re-accelerating?

MOre -> stenoresearch.com/daily-post/som…

Tightening standards have stalled after a long periods of improvements..

Very early innings, but could be what people meant with 'interest rates work with a lag'