US - Economic Data & News 11 (Oct 22 - Dec 24)

[behappyalways]

Chicago PMI Plunges Into 'Contraction' - Weakest Since June 2020

https://www.zerohedge.com/economics/chi ... -june-2020

[behappyalways]

Shocking JOLT: Biggest Crash In Job Openings On Record (Outside Of Global Covid Lockdown)
https://www.zerohedge.com/markets/shock ... d-lockdown

[behappyalways]

Peak inflation???

Gasoline Prices Keep Climbing, But Retail Gas Station Margins Plunge, With Many Now 'Under Water'
https://www.zerohedge.com/political/gas ... nder-water

[behappyalways]

Here's how the CPI report gets compiled each month—and why it's so important
https://m.youtube.com/watch?v=VQT-SNnxfao

[behappyalways]

Here’s the inflation breakdown for September 2022 — in one chart
https://www.cnbc.com/2022/10/13/heres-t ... chart.html

[behappyalways]

Diesel Back Above $5, Gas Prices Continue To Rise As "Ugly Inflation" Returns
https://www.zerohedge.com/personal-fina ... on-returns

Here’s the inflation breakdown for September 2022 — in one chart
https://www.cnbc.com/2022/10/13/heres-t ... chart.html

[behappyalways]

US Imports Sink In September, Suffer Steepest Drop Since 2020 Lockdowns
https://www.zerohedge.com/markets/us-im ... -lockdowns

[behappyalways]

美再切陸晶片供應鏈管道 禁購超級電腦晶片 TVBS文茜的世界周報 20221016 X 富蘭克林‧國民的基金
https://m.youtube.com/watch?v=JRfLIKgjaFI

[behappyalways]

The Mississippi River Is Drying Up, Disrupting a Vital Supply Lane | WSJ
https://m.youtube.com/watch?v=MM-menv6EJA

[winston]

Probability of Recession

The latest recession probability models by Bloomberg economists Anna Wong and Eliza Winger, forecast a higher recession probability across all timeframes, with the 12-month estimate of a downturn by October 2023 hitting 100%, up from 65% for the comparable period in the previous update…

The deterioration in the outlook was driven by a broad-based worsening in the economic and financial indicators used as inputs to the model, Bloomberg Economics found…

The model is more certain of a recession than other forecasts. A separate Bloomberg survey of 42 economists predicts the probability of a recession over the next 12 months now stands at 60%, up from 50% a month earlier.

Source: Bloomberg