It has all been an illusion and now the brutal truth is being uncovered.

Jul 20, 2023

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#recession #china #germany #trade #export #deflation #bonds
Germany reported trade data exposing the resilient economy fallacy as a product of nothing more than the temporary nominal price illusion. Volumes are down huge and as values fall there's no more cushion from lack of activity. This isn't about Germany so much, either, as we can see in trade w/the German's biggest customers: China and the US of A.

Eurodollar University's Money & Macro Analysis

Bloomberg: ECB Hawk Klaas Knot Pushes Back on Bets for a September Hike
https://www.bloomberg.com/news/articles/2023-07-18/ecb-s-knot-says-hiking-beyond-july-is-at-most-a-possibility

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Jeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.