Huge misses, weakness across-the-board show immediate, severe fallout from banking/credit crisis.

May 17, 2023

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China's reopening is dead and buried. The country's government reported truly sobering economic data that proved beyond any doubt there is nothing left to it. Worse, much of that same data showed the global economy is in big trouble as fallout from events over the last few months are, unfortunately, already producing results.

Eurodollar University's Money & Macro Analysis

Bloomberg: China Leaders Surprised by Pace of Economy’s Rebound
https://www.bloomberg.com/news/articles/2023-03-01/china-leaders-said-to-be-surprised-by-pace-of-economy-s-rebound

Bloomberg: Global Economy Risks Stalling as China, Germany Juggernauts Slow
https://www.bloomberg.com/news/articles/2023-05-16/global-economy-risks-a-stall-as-china-germany-juggernauts-slow

ZEW Press Release
https://www.zew.de/en/press/latest-press-releases/expectations-decline-sharply

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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.