FlowBank

1262 days ago

Sales of beer, wine and liquor stores are doing great

This segment of the economy is doing perfectly fine - source: FRED, U.S Census Bureau, The Market Ear

#Macro
Sales of Beer, Wine and Liquor stores in the U.S

1262 days ago

U.S Homebuilders sentiment hit an all-time high

Last time it happened didn't end up well - source: Crescat Capital 

#Macro
NAHB Markets index

1263 days ago

Global Covid-19 cases are surging

Source: Statista 

#Macro
7-day moving average of confirmed COVID-19 cases by region

1263 days ago

What is the definition of "moral hazard"? Just check out the % of U.S firms which qualify as "zombies"

“‘Zombies’ are firms whose debt servicing costs are higher than their profits but are kept alive by relentless borrowing. Such is a macroeconomic problem. Zombie firms are less productive, and their existence lowers investment in, and employment at, more productive firms. In short, a side effect of central banks keeping rates low for a long time is it keeps unproductive firms alive. Ultimately, that lowers the long-run growth rate of the economy.” – Axios (Source: www.zerohedge.com)  

#Macro
Percentage of US companies which qualify as

1263 days ago

China GDP growth doesn't tell the whole story

- fixed asset investment and retail sales lagging (and unemployment)

#Macro
China GDP growth doesn't tell the whole story
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