The correlation between Chinese stocks and CNY is at its highest level in history! This relationship is poised to break. New PBOC stimulus is unlikely to be positive for both stocks and currency. China can’t have its cake and eat it too. Something has to give.
Emerging Market import volumes crashed in December: https://www.topdowncharts.com/single-post/2019/02/26/Emerging-Market-Imports-Crash …
NDR’s Global Recession Probability model almost 96%…
“More chief executives are stepping down from their posts than at any time since the wake of the 2008 financial crisis” https://www.ft.com/content/390a6984-37b1-11e9-b72b-2c7f526ca5d0?segmentid=acee4131-99c2-09d3-a635-873e61754ec6 …
Seriously why would you do that?
The incredibly shrinking US stock market is not an isolated phenomena, we’re seeing the same thing across other developed markets (while capitalization continues to increase) via Bernstein
US Housing starts collapse -10.9%, biggest drop in 8 years
