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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