More "hot" CPI data from Europe has renewed focus on rate hikes for what many are considering an unquenchably hot global economy. But a determined examination of the other side of the world in Asia shows why that's an enormously mistaken interpretation. Just ask these salty Texans.

Eurodollar University's Money & Macro Analysis

Texas Manufacturing Outlook Survey; Comments
https://www.dallasfed.org/research/surveys/tmos/2023/2302#tab-comments

China’s shipping containers pile up at overcrowded port as overseas orders dwindle
https://www.scmp.com/economy/china-economy/article/3210870/chinas-shipping-containers-pile-overcrowded-port-overseas-orders-dwindle

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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.

Expulso para a terra | (Ap 12, 7-12a) #1254