Aux lecteurs
Encore une fois cette pertinente analyse de l’excellent Bruno Bertez :
7 juillet 2022
Destruction allemande, destruction de l’euro
Destruction de l’euro au plus bas de 20 ans
OUCH ! #Euro sank to a 20y low against the US Dollar as investors pared bets on #ECB
interest-rate hikes given the growing risk of a recession in the
region. Euro fell as much as 0.9% to 1.0331, its weakest level since
December 2002. pic.twitter.com/vssaqsxu8m
— Holger Zschaepitz (@Schuldensuehner) July 5, 2022
La destruction allemande
Good morning from #Germany where #recession
fears are on the rise. 2022 growth forecasts have already plummeted to
1.7% from 4.5% at one point. The danger of recession is also becoming
visible in bond mkts. 10y German bund yields have virtually collapsed
from 1.9 to 1.2%. pic.twitter.com/2mYKdzwKwy
— Holger Zschaepitz (@Schuldensuehner) July 7, 2022
Good Morning from #Germany,
which is falling as an economic powerhouse on a global scale. Germany’s
trade surplus is gone. Foreign trade balance came in at MINUS €1bn in
May, which is the 1st negative print since 1991 due to its energy
problems & weakness in manufacturing. pic.twitter.com/HnRBwNaQon
— Holger Zschaepitz (@Schuldensuehner) July 4, 2022
#Russia has pocketed at least $24bn from selling energy to #China & #India
since Ukraine war started, showing how higher prices limiting efforts
by US & Europe to punish Putin. India spent $5.1bn on Russian energy
in 3 mths to end of May, >5 times YoY. https://t.co/p0twRiyPmM pic.twitter.com/wZFmQ8tAOF
— Holger Zschaepitz (@Schuldensuehner) July 6, 2022
[Yahoo/Bloomberg] Tech-Led Asian Stock Gains Help Shore Up Sentiment : Markets Wrap
[Yahoo Finance] Corn, soybeans, wheat down over 20% from peaks
[Reuters] Russia warns humanity at risk if West seeks to punish it over Ukraine
[Yahoo/Bloomberg] Defiant Johnson Refuses to Quit, Fires Gove Over Past Betrayal
[NBC] BA.5, now dominant U.S. variant, may pose the biggest threat to immune protection yet
[ABC] FBI director calls China ‘biggest’ US threat, details attempts to ‘undercut’ economy
[USAT] ‘Clear the lake is in trouble’ : Great Salt Lake breaks record low level for the second time in a year amid drought
[Bloomberg] China Property Slide ‘Early’ in Game After $1 Trillion Defaults
[Bloomberg] Shanghai Cases Double in a Day, Fueling Lockdown Fears
[FT] Federal Reserve officials warn entrenched inflation poses ‘significant risk’
https://www.ft.com/content/1ce91ee9-5e74-40db-80ec-fc2cbe97533d