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by BoatSurfer600
Who’s gonna tell him….LOL pic.twitter.com/p267nFZV3k
— PlungeProtectionTeam (@gamesblazer06) July 4, 2022
Commodities continue to show concern about a global slowdown…
Chart: @RealAlpineMacro pic.twitter.com/n6hbunBwBB— LongConvexity (@LONGCONVEXITY) July 4, 2022
“Iron ore prices have slipped for 3 straight wks, w/the decline reflecting an evaporation in confidence over #China‘s economic #stimulus, which in turn threatens to hit demand for raw #steel in the coming mos”
But Wall Street says stimulus is flowing!t.co/KGVswpLSAH
— China Beige Book (@ChinaBeigeBook) July 4, 2022
Looking at the difference between 3-month rates priced 6-month into the future (ED2) and 18-months into the future (ED6)
peak steep steepness in 2018 was 50bp (green circle)
In 2022 we got to 112bp (purple circle) pic.twitter.com/sG5hQEa4Qp— Jens Nordvig 🇩🇰🇺🇸🇺🇦 (@jnordvig) July 3, 2022
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