MacroMicro @MacroMicroMe Twitter profile

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MacroMicro

4 days

🌍 Forex 101 | Forex, the largest financial market, trades over $6 trillion daily. Want to invest? This video divides Forex into 4 types, teaching you how to invest in the global currency market! #USD #EUR #GBP #JPY #AUD #CNY #MM

Forex 101 | 4 Currency Types You Need to Know

Forex is the largest financial market, with over $6T traded daily. But what exactly is Forex, and why such massive volumes?

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MacroMicro

@MacroMicroMe

1 year

🚨 #India has surpassed #China as the world’s most populous nation, according to @UN data. Check out this world #population bar chart race animation (using @f_l_o_u_r_i_s_h data visualization tool). 🇮🇳 India population - 1,428.6 million 🇨🇳China population - 1,425.7 million

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1 year

🇺🇸 #Fed 's research: US excess savings have been fully depleted, taking a different path than other countries with a rapid increase peaking in 2021Q3 and a quick decrease. Meanwhile, in other advanced foreign economies, the average stock of excess savings will sustain aggregate

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1 year

✈️The number of global flights has surpassed pre-pandemic levels. (Source: Flightradar24) 📍More Details:

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11 months

🌎22.7% of central banks, mostly in emerging markets like Vietnam 🇻🇳, Sri Lanka 🇱🇰, Brazil 🇧🇷, and Chile 🇨🇱, are cutting rates, indicating we're near the end of the global tightening cycle since 2021. #MM 📍More Info:

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8 months

🇺🇸The U.S. employment diffusion index dropped to 57.8 in November, reaching a new low in over three years. This signifies a decrease in the number of industries experiencing positive job growth. #NFP #MM

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1 year

🇨🇳China's Economic Surprise Index hits lowest since Oct 2021, pointing to a weaker than expected recovery. 📍More Info:

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26 days

⚠️🚢 Shanghai Containerized Freight Index (SCFI) keeps climbing, rising another 6.87% to 3714.32 points. It has now increased for 12 consecutive weeks, reaching its highest level since early 2022. #MM

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10 months

🇯🇵Japan's current account balance reached a record high of 2.77 trillion yen in July. 📈 #mm

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1 year

🇺🇸🚨 Breaking: After US CPI print (headline 4.9%, core 5.5%, both slightly below consensus), the possibility of another rate hike during the June #FOMC meeting is less than 10%. Meanwhile, the market is pricing in a +90% of rate cut at 2023 year end.

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@MacroMicroMe

11 months

🇪🇺Euro Area's economic sentiment hits a new low at 93.3, the lowest since Nov 2020. Manufacturers (-10.3 vs -9.3), services (3.9 vs 5.4), retailers (-5.0 vs -4.5), constructors (-5.2 vs -3.6), and consumers (-16.0 vs -15.1) all experience declining morale. 📍More Info:

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1 year

🇨🇳China's May economic data falls below expectations, prompting the #PBOC to cut MLF rates by 0.1%! May 📉Retail Sales YoY 12.7% (est. 13.6%, prev. 18.4%) 📉Industrial Production YoY 3.5% (est. 3.6%, prev. 5.6%) ➖Unemployment Rate 5.2% (est. 5.2%, prev. 5.2%) Jan-May 📉Fixed

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1 year

🇺🇸US bankruptcy filings have reached crisis level, according to Bloomberg BCY data. By the way, we used #ChatGPT Code Interpreter to create this chart, which we used for data cleaning, pivot analysis, and charting. #MM

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1 year

🚨Breaking News! 🇺🇸US 10y2y yield curve reaches its deepest inversion in 42 years! The spread between 10y2y US Treasury note yields widened to -110.8 bp, the widest since 1981. This inversion surpasses the March levels during the banking crisis. 📊Data:

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1 year

🚨Deflation in China🇨🇳: China's Consumer Price Index ( #CPI ) year-on-year growth rate in June dropped to 0% (prev. 0.2%), and Producer Price Index ( #PPI ) year-on-year growth rate dropped to -5.4% (prev. -4.6%).📉 📍More Info:

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1 year

🚨🇰🇷 #Samsung 's Q2 operating profit drops 96% YoY! Samsung, the world's largest memory chip and smartphone maker, reported a huge 96% YoY drop📉 in its Q2 operating profit. The company's estimated profit for April to June fell to 600 billion won ($458 million), down from 14.1

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1 year

🇺🇸 #Fed 's balance sheet hits lowest level since August 2021, falling $22.4 billion to $8.27 trillion this week 📉 📍 📊Fed lending outstanding fell 📉 to $265.1B from $267.4B previously. 1) Discount window lending fell📉 to $2.6B from $2.7B. 2) Foreign

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1 year

🚨 #BofA Global Fund Manager Survey (FMS) Broad measure of #FMS sentiment, based on cash positions, #equity allocation, and #economic growth expectations, has largely improved and is now at the least #bearish level since Feb’22.

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1 year

🚨Taiwan's export orders continue to decline for the 10th straight month with a 25% drop in June, mainly due to weak demand & inventory adjustments. Electronic products (including #semiconductors ) hit hard with a YoY decline of -22% (prev. -16.6%). 📍More Info:

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1 year

🇺🇸US ISM PMI for June has dropped to 46.0, marking the lowest level since May 2020! 📉PMI 46.0 (est. 47.0, prev. 46.9) 📉Production 46.7 (prev. 51.1) 📈Orders 45.6 (prev. 42.6) 📉Employment 48.1 (prev. 51.4) 📉Customers’ inventories 46.2 (prev. 51.4) 📉Prices 41.8 (prev. 44.2)

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1 month

⚠️Breaking! 🇨🇳China's new home prices slide sharply by 3.9% YoY in March📉, marking the steepest drop in since 2015. This prolonged decline, persisting for 11 consecutive months, showcases challenges amid Beijing's measures to counter a struggling property market. #MM

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1 year

🚨Deflation in China🇨🇳! China's Consumer Price Index ( #CPI ) year-on-year growth rate in June dropped to -0.3% (prev. 0%), and Producer Price Index ( #PPI ) year-on-year growth rate dropped to -4.4% (prev. -5.4%).📉 📍More Info:

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1 year

🇺🇸🚨One of the most important economic leading indicators, Heavy Weight Trucks Sales, reached a historic high in July, indicating that the US economy is still strong—at least for now. 📍More Info:

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1 year

🇺🇸Upcoming release of US Headline #CPI is expected to tumble to 3.1% YoY in June from 4.0%. However, the latter half of the year is full of uncertainty, as inflation's annual growth rate trend will reverse if inflation continues to grow at a pace of over 0.2% MoM.

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1 year

📈 South Korea & Taiwan's semiconductor inventory-to-shipment ratios hit new highs in April, reflecting ongoing weak demand for semiconductors. 📍Data:

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8 months

🎄✨Happy early Christmas! Hope everything has been well in the last month of 2023. For the upcoming Christmas, we would like to send out two gifts – a free Prime trial along with the PDF file for 2024 Economic Outlook, all for FREE. 👇👇👇

? Christmas Gift From MacroMicro | Your 2024 Outlook and Free Membership

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@MacroMicroMe

1 year

Breaking News! 🚨 #Wheat futures price surges by 9% on reports that Russia will treat ships heading to Ukraine as potentially carrying arms.

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1 year

🇺🇸US CNN Fear and Greed Index has returned to 'extreme greed' territory. 📊More Info:

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1 year

🇯🇵Japan's Tokyo core CPI YoY rose to 4.0% in July, the highest since 1982. CPI 3.2% (est. 2.8%, prev.3.2%) Core CPI (excl. energy and food) 4.0% (prev. 3.8%) ⚠️Nikkei Asia: #BOJ to discuss YCC tweak to allow rates over 0.5% (keep current cap while taking flexible approach)

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1 year

🚨🇪🇺 Based on ECB (2019) model, we calculated Eurozone's recession probability based on real money supply and term spread. With real M1 YoY down to -12.5% in May and German yield curve at its most inverted since '92, the chance of a recession in the next 12 months has skyrocketed

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1 year

🇪🇺€476.8 billion of TLTRO loans are due on June 28, which is expected to accelerate the decline in the European Central Bank's balance sheet reduction pace. ECB has shrunk its balance sheet by €1.1tn, while the Federal Reserve reduced by $0.6tn. #ECB 👉

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@MacroMicroMe

6 months

🇰🇷 One of the global economic leading indicators, South Korea's exports, surged to $54.8 billion in January 2024, marking an 18% year-on-year increase, the strongest in 20 months. This surge, primarily driven by a 56.2% jump 🚀 in semiconductor sales, exceeded expectations and

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1 year

📈Taiwan's export orders in May showed a year-on-year increase of -17.6% (previously -18.1%), indicating a continued decline but no further deterioration. Orders for electronic products slightly improved to -16.6% (compared to -21.9% previously). #MM 📍Data:

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1 year

🇺🇸US Initial jobless claims has increased by 43.4% from its 3-year low point. Continuing jobless claims also increased by 36.3% from its 3-year low point. 🚨 #Recessions always followed whenever this data has reached this level. 📊How to make this chart:

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11 months

🚨🇪🇺 Based on ECB (2019) model, we calculated Eurozone's recession probability based on real money supply and term spread. With real M1 YoY down to -14.5% in July and yield curve near its most inverted since '92, the probability of a recession in the next 12 months has

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@MacroMicroMe

19 days

🇹🇼 A leading indicator for global stock markets—Taiwan's exports year-on-year (YoY) saw a significant increase in June 2024📈, rising to 23.50% from 3.50% in May 2024. This marks the highest level of export growth since February 2022. #MM

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@MacroMicroMe

1 year

🇨🇳China's weak PMI data released today raises concerns for global manufacturing recovery prospects. China Credit Impulse has historically led the global manufacturing cycle by 6-12 months. Maybe this time is different? 📊Draw your own conclusion by using the 'Lead/Lag' function

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1 year

🇺🇸Nearly 90% of yield curves are now inverted, hitting a new high since 2000! 📈 Inverted yield curves often find resolution when the #Fed steps in and cuts interest rates. 📊Data:

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1 year

🌎ChatGPT's Momentum Slows: ChatGPT's website traffic showed impressive growth in early 2023: 131.6%, 62.5%, and 55.8% for Jan, Feb, and Mar. However, growth slowed significantly in Apr to 12.6% and further dropped to 2.8% in May. By Jun 24, visitor count was 27% less 📉than

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@MacroMicroMe

1 year

🇺🇸US non-farm payrolls growth remains strong, but credit survey data suggests a sustained decline in employment may be on the horizon. Will this time be different? 📍How to make this chart:

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9 days

⚠️Breaking! 🇺🇸 U.S. continuing jobless claims rose to 1.867M, higher than the expected 1.855M. This marks the highest level since 2021 November. 📈 #MM

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@MacroMicroMe

24 days

⚠️Breaking! 🇺🇸US ISM Services PMI for June fell to 48.8, hitting its lowest point since May 2020! 📉Services PMI 48.8 (est. 52.6, prev. 53.8) 📉Business Activity 49.6 (prev. 61.2) 📉New Orders 47.3 (prev. 54.1) 📉Employment 46.1 (prev. 47.1) 📉Inventories 42.9 (prev. 52.1)

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1 year

🇪🇺🚨Eurozone data for July looks awful, but if historical patterns hold, the significant drop in M1 suggests that PMI data will deteriorate further. #MM 📍How to make this chart:

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1 year

🇺🇸Due to resilient consumer spending, J.P. Morgan predicts that the excess savings accumulated in the United States after the pandemic will be depleted by October of this year.

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1 year

🇺🇸US bankruptcy filings are increasing 🚀despite unexpectedly calm financial stress, according to monthly data from Bloomberg's BCY function. Perhaps financial stress index provides a more accurate reflection of the current market situation, and the surge in bankruptcy filings is

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1 year

🚨🇨🇳China's exports plunge 14.5% YoY, hitting the sharpest decline since Feb 2020 (June: -12.4%). The figures fall short of the expected 12.5% drop, indicating a global demand slowdown. 📍More Info:

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3 months

⚠️Tokyo's inflation dropped to 1.8% from 2.6%, far below the expected 2.6%. Excluding food and energy, it slowed to 1.8% from 2.9%, the lowest since Sep 2022. Tokyo's data often predicts national trends, with Japan's CPI due in three weeks. Despite the $JPY's weakness, the #BOJ

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8 months

🇨🇳China’s deflation issue intensifies⚠️: November 2023 saw a 0.5% YoY drop in CPI, surpassing the previous month’s 0.2% fall and defying market expectations of a 0.1% decrease. This marks the sharpest decline in consumer prices since November 2020. #MM

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1 month

🇯🇵💴US/Japan 10Y bond yield spread has been narrowing over the past month, but the yen has weakened ( $USDJPY up). This suggests that even though #BoJ is set to implement QT, boosting bond rates, it hasn’t increased demand for the yen. #MM

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1 year

🇺🇸 @sffed : Excess savings are all gone. Recent revisions by BEA reveal lower household disposable income and higher personal consumption in Q4 2022 and Q1 2023. Accumulated excess savings, estimated at $2.1 trillion by Aug 2021 (peak), have now dipped below pre-pandemic trend.

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1 year

🇯🇵🚨 #BOJ offers to purchase 10-year JGBs at 1% every business day through fixed-rate operations, unless no bids are submitted. ⚠️10-year JGB yield surges to 0.57%!

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9 months

⚠️Breaking! 🇨🇳China's CPI inflation fell to -0.2% in Oct from 0%, returning to #deflation territory. PPI inflation decreased to -2.6% from -2.5%. #MM

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23 days

🇩🇪German industrial production index dropped 2.5% MoM in May 2024, hitting its lowest level since June 2020 and returning to global financial crisis levels. 📉 #MM

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3 months

🌎After the interest rate cuts by the central banks of Sweden and Brazil this week, 38.7% of central banks globally have initiated rate cuts. 🇧🇷 Brazil: 10.50% (-25 bp) on 2024/5/9 🇸🇪 Sweden: 3.75% (-25 bp) on 2024/5/8 🇨🇿 Czechia: 5.25% (-50 bp) on 2024/5/2 🇭🇺 Hungary: 7.75%

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1 year

🇺🇸 US June #CPI inflation Lower Than Expected! Year-over-year growth: 📉CPI 3.0% (est. 3.1%, prev. 4.0%) 📉Core CPI 4.8% (est. 5.0%, prev. 5.3%) Month-over-month growth: 📉CPI 0.2% (est. 0.3%, prev. 0.1%) 📉Core CPI 0.2% (est. 0.3%, prev. 0.4%) 📊More Details:

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1 year

🇺🇸 US July #CPI inflation Lower Than Expected! Year-over-year growth: 📈CPI 3.2% (est. 3.3%, prev. 3.0%) 📉Core CPI 4.7% (est. 4.8%, prev. 4.8%) Month-over-month growth: ➖CPI 0.2% (est. 0.2%, prev. 0.2%) ➖Core CPI 0.2% (est. 0.2%, prev. 0.2%) 📊More Details:

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1 year

🇺🇸 #Fed 's balance sheet decreased by $50.4B this week, representing a total decline 📉of $347.9B since the Banking Crisis in March. 📍 📊Fed lending outstanding #decreased 📉 to 285.7 from $288.7B previously. 1) Discount window lending fell 📉 to $3.97

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1 year

🚨🇪🇺Based on ECB (2019) model, we calculated #Eurozone recession probabilities using real money supply and term spread. With real M1 YoY dropping to -12% in April, the probability of a recession in the next 12 months has surged to over 95%.

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3 months

⚠️Breaking ! 🇯🇵USD/JPY plunges rapidly! Has the Japanese government intervened in the foreign exchange market? #MM

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1 year

🇨🇳China's GDP deflator YTD growth dropped to -0.62% in 1H 2023, hitting its lowest point since 2009. ⚠️This indicates a rising risk of #deflation in China and suggests that China's nominal GDP is lower than its real GDP. 👉Full Article:

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13 days

⚠️🇨🇳China’s M1 money supply, a key economic indicator, fell by 5% YoY in June. This is the largest drop ever recorded. #MM 🔗

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@MacroMicroMe

8 months

⏰Unleash MacroMicro's #BlackFriday gift package! Redeem MM Prime for 30 days with code "HOLIDAY30D" to access the 2024 Economic Outlook reports and enjoy a lifelong 30% discount on MM Prime and more! Don't miss out on this limited-time offer! #MM

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10 months

🇯🇵Japan's 10-year OIS breaks through 1.0% for the first time since January this year, while the 10-year government bond yield approaches the 0.8% level. #MM #BOJ #MOF

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1 year

🇺🇸 @WellsFargo : Consumer Enters Stall Speed “We estimate households have a little over $500B in excess savings remaining, which amounts to about seven months of spending power based on the prior six-month rate of drawdown.”

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1 year

🇺🇸The share of US imports from 🇨🇳China has dropped to 15%📉, the lowest level since 2006. The 🇪🇺EU has once again become the largest import source for the US. 📍More Info:

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3 months

🇹🇼🇺🇸🇨🇳 | U.S. is set to surpass China as Taiwan's largest export partner. Friend-shoring and the formation of the Chip 4 Alliance have led to a significant boost, raising the U.S.'s share of Taiwan's total exports to 27% — the highest since 1998. #MM 🔗Customize the chart:

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1 year

🇺🇸Nonfarm payrolls have shown strong growth recently, but history suggests that they typically decline 12 months after the 10y and 3m yield curve inversion. Will this time be any different? #NFP

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1 year

🇺🇸US Q1 GDP lower than expected!🚨 GDP 1.1% (est. 1.9%, prev. 2.6%) Consumption 3.7% (est. 3.4%, prev. 2.6%) Government Spending 4.7% (est. 2.0%, prev. 2.6%) Investment -12.5% (est. -2.0%, prev. 4.5%) Exports 4.8% (est. 3.7%, prev. -3.7%) Imports 2.9% (est. 2.5%, prev. -5.5%)

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1 year

🛢️ #WTI #Crude #Oil experienced a #FlashCrash today, plummeting below $64, lowest intra-day level since 2021 Nov. The price rout reflects market's growing concerns on U.S. economy / banking sectors, as #Fed Chair Jerome Powell warned economic growth is cooling and credit

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1 year

🇺🇸Banks' lending standard is a leading indicator of credit conditions, according to #Fed 's Senior Loan Officer Opinion Survey ( #SLOOS ). What is SLOOS and how to use it to monitor the credit market? 👉Full article:

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1 year

🚨🇪🇺Eurozone Citigroup Economic Surprise Index has plummeted 📉 to -132, a level only seen during the 2008 GFC and the 2020 Covid-19 pandemic. 📍More Info:

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1 year

🇺🇸US ISM Services Prices Index leads core inflation by about 6 months. With slowing service demand, service inflation is expected to decline 📉 in the coming months. 📊 How to make this chart:

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1 year

🚨🇹🇼Taiwan's June exports saw the biggest YoY drop since 2009 at -23.4% (prev. -14.1%), while Integrated Circuit exports accelerated their decline to -20.8% (prev. -8.0%). #MM 📍More Info:

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8 months

🇹🇼Taiwan's version of de-risking, as Taiwan starts shifting its supply chains from China to Southeast Asia, orders received by Taiwan from Southeast Asia officially surpassed those received from China in October. #MM

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5 days

❓Sahm Rule Recession Indicator has risen to 0.43%, nearing the 0.5% recession signal. However, a cooling labor market doesn't mean immediate stock market shifts. Historically, markets rally on the prospect of Fed easing, leading to "liquidity-driven rallies." #AskMacroMicro #MM

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1 year

🇺🇸 May #FOMC minutes just came out. Fed officials do not seem to agree on how much more tightening is necessary going forward. Quick highlights below👇 "Inflation was unacceptably high...data through March indicated that declines in inflation, particularly... core inflation, had

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1 year

🇺🇸 #Fed 's balance sheet decreased 📉 by $21.1 billion this week, returning to pre-banking crisis levels. 📍 📊Fed lending outstanding fell 📉 to 274.6B from $278.2B previously. 1) Discount window lending remained at $3.2B. 2) Foreign repo remained at 0.

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1 year

🚨🇪🇺Eurozone GDP unexpectedly contracted by 0.1% on quarter in Q1 2023, defying earlier estimates of a modest 0.1% growth. Revised data for Q4 2022 now also shows a 0.1% decline, indicating the Eurozone has entered a minor technical #recession 📉. 📊More Info:

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1 year

🇺🇸US Banks' tightening standards lead loan growth by about 5 quarters, signaling that a decline in loan growth is just about to begin. 📊Make this chart using Toolbox for FREE🆓:

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3 months

⚠️Breaking! 🇺🇸US GDP Slows More Than Expected 📉GDP 1.6% (est. 2.5%, prev. 3.4%) 📉Consumption 2.5% (est. 2.8%, prev. 3.3%) 📉Government Spending 1.2% (prev. 4.6%) 📈Investment 3.2% (prev. 0.7%) 📉Exports 0.9% (prev. 5.1%) 📈Imports 7.2% (prev. 2.2%) 📍More Details:

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9 months

🇨🇳China's first-ever quarterly FDI deficit highlights capital outflow pressure amid Western "de-risking" policies. Beijing faces challenges in attracting overseas companies. #MM

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@MacroMicroMe

1 year

🇺🇸US ISM Services PMI declined to 52.7 in July! 🚨 📉Services PMI 52.7 (est. 53.0, prev. 53.9) 📉Business Activity 57.1 (prev. 59.2) 📉New Orders 55.0 (prev. 55.5) 📉Employment 50.7 (prev. 53.1) 📉Inventories 50.4 (prev. 55.9) 📈Backlog of Orders 52.1 (prev. 43.9) 📈Prices 56.8

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MacroMicro

@MacroMicroMe

1 year

🇺🇸US Initial jobless claims has increased by 44% from its 3-year low point. Continuing jobless claims also increased by 38% from its 3-year low point. 🚨 #Recessions always followed whenever this data has reached this level. 📊How to make this chart:

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MacroMicro

@MacroMicroMe

4 months

⚠️Breaking! 🇯🇵Japan's largest labor union, Rengo, announces initial outcomes of spring wage negotiations. A remarkable average total wage increase of 5.28% 🚀has been achieved, marking the highest surge in over three decades, surpassing last year's growth rate of 3.8%. #MM

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MacroMicro

@MacroMicroMe

1 year

🚨Global #Semiconductor sales YoY growth continued to decline in April. 🌎World -21.6%📉(prev -21.3%) 🇺🇸Americas -20.5% 🇪🇺Europe 2.3% 🇯🇵Japan -2.3% 🌏Asia Pacific -28.0% 📊FREE Charting Toolbox:

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MacroMicro

@MacroMicroMe

1 year

🇺🇸The slope of US Phillips curve, an inverse relationship between unemployment & inflation, has steepened since pandemic, compare to the last few decades. Implication? #Fed may need to sacrifice the economy and see ~6% unemployment in order to bring CPI back to 2% target.

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MacroMicro

@MacroMicroMe

1 year

🇩🇪German manufacturing shrinks in July as demand weakens! 📉Composite PMI 48.3 (June 50.6). 8-month low. 📉Services PMI 52.0 (June 54.1). 5-month low 📉Manufacturing PMI 38.8 (June 40.6). 38-month low. 📍More Info:

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MacroMicro

@MacroMicroMe

2 months

⚠️Breaking! US GDP Growth Revised Lower: The US economy expanded at an annualized rate of 1.3% in Q1 2024, down from the initial estimate of 1.6%, and significantly lower than the 3.4% growth recorded in Q4 2023. #MM

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MacroMicro

@MacroMicroMe

1 year

🇺🇸Nonfarm payrolls have shown strong growth recently, but history suggests that they typically decline 12 months after the 10-year and 3-month yield curve inversion. Will this time be any different?

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MacroMicro

@MacroMicroMe

1 year

⚠️🇨🇳China's July economic data falls below expectations! 📉Retail Sales YoY 2.5% (est. 4.7%, prev. 3.1%) 📉Industrial Production YoY 3.7% (est. 4.4%, prev. 4.4%) 📈Unemployment Rate 5.3% (est. 5.2%, prev. 5.2%) Jan-May 📉Fixed Asset Investment YoY 3.4% (est. 3.8%, prev. 3.8%)

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MacroMicro

@MacroMicroMe

1 year

🇺🇸US CDS reaches 15-year peak 🚨 following Treasury Secretary Janet Yellen's statement that without Congress raising or suspending the debt limit, the US may not be able to meet its financial obligations by June 1. #Xday 📊CDS Monitor:

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MacroMicro

@MacroMicroMe

1 year

📢Introducing MacroMicro's AI-powered FOMC Hawkish-Dovish Index & Optimism Index! These tools use AI to decode the Fed's policy stance and economic outlook. Dive into the future of monetary policy analysis with us!

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MacroMicro

@MacroMicroMe

1 year

🚨Breaking News! 🇬🇧 UK Core Inflation Soars to 7.1%, Reaching Highest Level in 30 Years! ➖CPI YoY 8.7% (est. 8.4%, prev. 8.7%) 📈Core CPI YoY 7.1% (est. 6.8%, prev. 6.8%) #MM 📊More Info:

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MacroMicro

@MacroMicroMe

1 year

🇺🇸 #Fed 's balance sheet increased 📈 by $3.47B this week, marking the first rise since 3/29. The addition of items such as BTFP played a major role in this increase. 📍 📊Fed lending outstanding #increased 📈 to 288.6 from $285.7B previously. 1) Discount

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MacroMicro

@MacroMicroMe

1 year

🇺🇸🚨 US government interest payments have reached a record high, leading to concerns about its fiscal health. In response to these developments, Fitch downgraded the US Credit Rating from AAA to AA+.

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MacroMicro

@MacroMicroMe

9 months

🌎30.7% of global central banks have initiated interest rate cuts, and there is a growing trend of central banks pausing rate hikes. #MM

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MacroMicro

@MacroMicroMe

1 year

🇺🇸US Banks' tightening standards lead loan growth by about 5 quarters, signaling that a decline in loan growth is just about to begin. 📊Make this chart using Toolbox for FREE:

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MacroMicro

@MacroMicroMe

1 year

🚨🇪🇺 Based on #ECB (2019) model, we calculated Eurozone's recession probability based on real money supply and term spread. With real M1 YoY down to -13.5% in June and German yield curve at its most inverted since '92, the chance of a recession in the next 12 months has

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MacroMicro

@MacroMicroMe

1 year

🇺🇸US Average Weekly Working Hours have dropped to 34.3, reaching a new low since 2020. Typically, businesses tend to reduce working hours first before resorting to layoffs. 📍More Info: