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Despite the recent buoyant market performances, the US has reported a drop in real spending driven by higher savings – a clear recession indicator 3/4 pic.twitter.com/8vo6svTAf1
Copper mining stocks are notoriously macro-sensitive, so their comparatively flat performance relative to gold suggests that the market rebound is not backed up by improving fundamentals 2/4 pic.twitter.com/2mkU4wgvRx
Fathom remains of the view that the US is unlikely to escape a #recession, despite some recent improving data that has fed a market rebound #USeconomy #Fathommacro 1/4 pic.twitter.com/s59KlZ94YA
On his latest trip to Ethiopia, Kevin Loane finds out that half a kilo of grilled meat and a few beers to wash it down costs 600 Ethiopian birr – officially that’s 11USD, but only 6USD on the parallel, black-market exchange rate #ThankFathomItsFriday fathom-consulting.com/paralle… pic.twitter.com/uaSMm3YLWd
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