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979 days ago

Where are all the cars? US auto inventories hit record low

U.S. auto inventories now at the lowest since records began due to chip shortage / pandemic supply bottlenecks

#Macro
There are not many cars out there! US auto inventories hit record low

979 days ago

What happens when all-time high freight rates are passed through!?

Another week, another all time high. And it's accelerating again. And these costs have yet to be passed through...Source: Zero Hedge

#Macro
What happens when all-time high freight rates are passed through!?

981 days ago

Top 10 most indebted countries in the world

Venezuela and Japan are by far the most indebted countries in the world, with a total debt representing 285% and 257% of their GDP, respectively. Source: Focus Economics

#Macro
Top 10 most indebted countries in the world

981 days ago

Australia Q2 inflation rate highest in over 13 years

Australia's annual inflation rate increased to 3.8% in Q2 2021, up from 1.1% in Q1 and in line with market expectations. This was the highest reading since Q3 2008, indicating some base effects from free child care and a record drop in gasoline costs in Q2 2020. Source: Trading Economics

#Macro

988 days ago

The pandemic was the shortest recession in US history

While we are still suffering from the Covid-19 crisis, the National Bureau of Economics Research showed that the US entered a recession for only 2 months, between February 2020 and April 2020, with a peak unemployment of 14.8%. This is much shorter than many other recessions, with the longest one having lasted 18 months, or 9 times longer, following the subprimes. Source: NBER, US Bureau of Labor Statistics 

#Macro
The pandemic was the shortest recession in US history
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