In the Toilet: Macroeconomic indicators
Many Happy Returns
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Understanding Macroeconomic Indicators
This chapter explores critical macroeconomic indicators, including the Senior Loan Officer Survey and the Purchasing Managers' Index (PMI), which provide insights into companies' borrowing capacities and market conditions. It discusses the complexities of analytical measures like yield curves and the implications of rising interest rates on financial stability and economic growth. The chapter also highlights unconventional strategies by central banks and the potential risks associated with 'zombie companies' in today's economic landscape.
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