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Dimitry Nakhla | Babylon Capital®
IYKYK. https://t.co/Dp8XlLbPW2
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The Kobeissi Letter
BREAKING: The NY Empire State Manufacturing Index fell to -8.1 points in April, recording the 3rd negative reading this year.

More importantly, 6-month outlook for general business conditions plummeted to -7.4, the lowest in 24 years.

Additionally, the 6-month outlook for new orders fell to -6.6, the lowest in history.

Not even the 2008 Financial Crisis saw such a grim outlook.

All while prices paid outlook spiked to 65.6, the highest since mid-2022.

Stagflation is here.
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RT @PabloPeniche: https://t.co/DgKRrFTyQU

what’s the defining piece of covid era art?
- frye
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RT @VideoReacts: Grandpa yells / yelling / what? Oh hell nah / no https://t.co/FS2IhhMVCI
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