The value of global bonds drop another
$547bn this week – the 4th weekly loss in a row – and thus
no relief for the balance sheets of private banks |
00:01 -
31/05/23 |
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Bankruptcies to start the year are the
highest since 2010 during the same period |
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SPX is
reporting a Y/Y earnings decline of -2.1% for Q1 2023, which
is the 2nd straight quarter that the index is reporting a
(Y/Y) decrease in earnings |
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Small business optimism is at levels
only seen 2 previous times since the 1980s In both
instances, the unemployment rate rose sharply in the
following months |
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Real yields on 2-year Treasuries are
approaching the highest levels since 2009 |
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