FlowBank

1233 days ago

Who lost the Lockdown?

Estimations of GDP loss due to health restrictions are still high, especially in Europe.

#Macro

1233 days ago

The risk of monetary debasement highlighted in this chart courtesy of Crescat Capital

Treasury holdings by banks relative C&I loans just hit a fresh record. As highlighted before by Tavi Costa, banks are now lending more to the government than to businesses/households. Crescat Capital believes there is only one solution to this wall of debt…that‘s monetary debasement. Source: Bloomberg, Crescat Capital

#Macro
U.S Banks Treasury Holdings vs. Commercial & Industrial Loans

1233 days ago

U.S "Zombie" firms are sitting on an unprecedented $1.4 trillion of obligations

A "Zombie" firm is a company that needs bailouts in order to operate, or an indebted company that is able to repay the interest on its debts but not repay the principal - Source: Bloomberg Intelligence, Wikipedia 

#Macro
U.S

1234 days ago

Still wondering why nearly every asset price is going up? The GS US Financial Conditions Index is at the easiest level we have ever seen

The "Goldman Sachs US Financial Conditions Index" eased by 8.4bp to an all-time low of 98.01 over the last week  - Source: GS, The Market Ear

#Macro
GS US Financial conditions index

1234 days ago

Cumulative Covid-19 cases: a lot of red dots in US & Europe, very few in China

Source: JHU

#Macro
Red dots shows cumulative covid-19 cases by country
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