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Home > Eurodollar University > Latest global data paints even uglier picture of substantial deterioration and deflation.
Podcast: Eurodollar University
Episode:

Latest global data paints even uglier picture of substantial deterioration and deflation.
Category: Business
Duration: 00:18:27
Publish Date: 2023-07-25 11:00:00
Description:

#recession #manufacturing #services #globaleconomy #deflation #inflation 
With Germany and Europe already struggling to escape from the earlier recession, most recent July data on forward-looking sentiment shows the situation worsening substantially over the months still ahead. In the US, PMI numbers indicate the same if not yet to the same degree and intensity. Becoming more globally synchronized and deflationary.

Eurodollar University's Money & Macro Analysis

Deutsche Bundesbank Monthly Report June 2023
https://www.bundesbank.de/resource/blob/911528/01ceb958008680074abe476534ae6288/mL/2023-06-prognose-data.pdf

HCOB Flash Germany PMI
https://www.pmi.spglobal.com/Public/Home/PressRelease/c23ef113fdfb4d149593c3b3d2840fe9

HCOB Flash Eurozone PMI
https://www.pmi.spglobal.com/Public/Home/PressRelease/3b7cae66963d47798b88889727023fd3

S&P Global Flash US Composite PMI
https://www.pmi.spglobal.com/Public/Home/PressRelease/bbdd92c5f4a34bb5975b23263409ad3d

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DISCLOSURES
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.
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