Fed Poised to Make a Major Policy Mistake
We must end the cycle of badly-belated-then-overly-aggressive tightening campaigns that end in a crash
Yield Curve Re-Inverts. It’s too Late for Playing Catchup
Squeezing the rate hikes and QT that should have been done in 2021 into the next few months risks cutting the tightening cycle short before bringing inflation under control
Housing Bust 2.0?
Adjustable rate mortgages make a comeback…
Chart: China Land Sales Contract by Record Amount
China’s real-estate development heavy economy model is coming unglued
ECB Plans to Finally End QE… in the Third Quarter
The ECB plans to stop adding fuel to the inflationary fire sometime later this Summer
Rick Santelli: ‘Two Canaries in the Coal Mine’
Consumer recession
Chart: Sources of German Natural Gas Imports Since 1990
It’s the gas that’s missing, not the pipelines