🇩🇪 German House Prices Fell By Double Digits Amid Higher Mortgage Rates - FastReveal fastreveal.com/german-house-p…

Not entirely related ... today's news from China's property sector confirms the troubles

🇺🇸 US bankruptcies in the first six months of 2023 were the highest since 2010 ⚠ among the companies covered by S&P Global Market Intelligence - Bloomberg bloomberg.com/opinion/articl…

🇺🇸 *US JUNE LEADING INDICATOR FALLS 0.7% M/M; EST. -0.6% (15th straight drop) - BBG *On a YoY basis, the index fell 7.8%. *Usually, this level is associated with #recession.

$TSM, the world’s foundry, cut CY23 rev to -10% y/y & said, in the short term, when the CapEx of the CSP are fixed, the AI processor is cannibalizing the DC processor. China demand is also worse than expected. SOXX Index +45% YTD & demand weakening again. Selling most semi longs.

🇪🇺 Most Expensive #Euro on Record Has Traders Braced for Declines - Bloomberg bloomberg.com/news/articles/…

🇨🇳 #China Offers $445 Billion Worth of Projects to Lure Investment - Bloomberg bloomberg.com/news/articles/…

🇺🇸 #Dollar Bearish Bets Climb to Record High Among Asset Managers - Bloomberg *Institutional investors raised dollar shorts by 18% last week bloomberg.com/news/articles/…

Is it a bull? We now have 87% of the S&P 500 trading above their 50-day moving average.

Where or how can cricket lovers in the U.S. watch these matches? #IrishCricket #BackingGreen #cricket #cricketfans #T20I #T20Cricket #ICC

🌎 Rice Soars to Highest Since 2008 on Rising Threats to Supply - Bloomberg bloomberg.com/news/articles/…

🇺🇸 #Housing | 30-Year Fixed-Rate Mortgage Hit Highest Level Since 2000 *This situation is expected to have a significant effect on closed sales from August to October. *This could potentially lead to existing home sales reaching a 13-year low ⚠ christophe-barraud.com/30-year-fixed-…

Cure for unaffordable housing?

Existing home inventory succumbs to higher mortgage rates as current homeowners to stay put. Will Home Depot and Lowe's benefit from higher spending on repairs & upgrades? $HD #HD $LOW #LOW #housing

Economy appears to be weaker than what Powell implied at Jackson Hole.

Yet long-term #Treasuries are surging in yield. Is it the strong job market or lack of confidence in the Fed to tame inflation to 2% that is driving Treasuries? #LEI #recession #bonds

Well deserved. Congratulations! Christophe Barraud🛢🐳

At the end of 1Q24, Bloomberg ranked me as "Top Forecaster" for: 🥇 🇺🇸 Economy *I got the 2nd place for 🥈 🇨🇳 Economy

Stagflation?

🇺🇸 US Workforce Is Seen Expanding Just 0.4% a Year in Coming Decade - Bloomberg bloomberg.com/news/articles/…