🌎#commodity #opinion #markets
BBG: global commodity prices may rise due to the beginning of a new Kondratiev cycle*
*showed that commodity prices tended to move in long cycles, with extended waves of rising prices followed by decades when prices moved horizontally
BBG: global commodity prices may rise due to the beginning of a new Kondratiev cycle*
*showed that commodity prices tended to move in long cycles, with extended waves of rising prices followed by decades when prices moved horizontally
⚠️🇺🇸#bonds #us
major sell-off in US Treasury bonds
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Ray Dalio: US Treasury bonds are a risky
#monetarypolicy western central banks have signaled their intention to continue raising interest rates
BofA: International fund managers have significant long positions in bonds
major sell-off in US Treasury bonds
—————————-
Ray Dalio: US Treasury bonds are a risky
#monetarypolicy western central banks have signaled their intention to continue raising interest rates
BofA: International fund managers have significant long positions in bonds
⚠️🇺🇸#realestate #us
US regulators asks lenders to help firms with commercial real estate stress
#office owners are particularly struggling as higher borrowing costs complicate financing and tenants pull back given layoffs and the rise of remote work
earlier: nearly $400B of debt on commercial real estate matures this year
BBG: the world’s empty office buildings have become a debt time bomb #world
#CIO
US regulators asks lenders to help firms with commercial real estate stress
#office owners are particularly struggling as higher borrowing costs complicate financing and tenants pull back given layoffs and the rise of remote work
earlier: nearly $400B of debt on commercial real estate matures this year
BBG: the world’s empty office buildings have become a debt time bomb #world
#CIO
🌏#realestate #forecast #office
PGIM Real Estate: office prices are expected to fall more than 25% in Europe and almost 13% in Asia
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New York University and Columbia University: offices in NYC will lose 44% of their pre-pandemic value by 2029 because of the impact of remote work #remote
earlier: at least 40% of workforces would remain remote
PGIM Real Estate: office prices are expected to fall more than 25% in Europe and almost 13% in Asia
————————
New York University and Columbia University: offices in NYC will lose 44% of their pre-pandemic value by 2029 because of the impact of remote work #remote
earlier: at least 40% of workforces would remain remote
🔥🇪🇺#infalrion #europe #macro
Euro-Area core inflation CPI accelerates again
that may reinforce the ECB's determination to raise interest rates next month #monetarypolicy
ECB may raise rates to 4% and will hold at peak for extended period #forecast
Euro-Area core inflation CPI accelerates again
that may reinforce the ECB's determination to raise interest rates next month #monetarypolicy
ECB may raise rates to 4% and will hold at peak for extended period #forecast
🌎#markets #world #flow
weekly financial flows - BofA -EPFR (week through June. 28):
WORLD STOCKS = +$1.5B #stocks
WORLD BONDS = +$0.6B #bonds
GOLD = -$1.5B #gold
US BONDS = 20h week in a row of inflows
COMMODITIES = 7th week in a row of outflows #commodity
JAPAN STOCKS = +$7.9B for 4 weeks = strongest monthly inflow in 2 years #japan
weekly financial flows - BofA -EPFR (week through June. 28):
WORLD STOCKS = +$1.5B #stocks
WORLD BONDS = +$0.6B #bonds
GOLD = -$1.5B #gold
US BONDS = 20h week in a row of inflows
COMMODITIES = 7th week in a row of outflows #commodity
JAPAN STOCKS = +$7.9B for 4 weeks = strongest monthly inflow in 2 years #japan
🔥🇺🇸#inflation #us #macro
US - PCE and Core PCE (% y/y)
US inflation cools #monetarypolicy
*PCE is one of the Fed's preferred inflation indicators.
US - PCE and Core PCE (% y/y)
US inflation cools #monetarypolicy
*PCE is one of the Fed's preferred inflation indicators.
🇺🇸#lending #us #student
Supreme Court strikes down Biden's plan to forgive student loan debt
New York Fed: student loan borrowers had over $195B in waived payments, likely exceeding $300B now
Deutsche: if students are going to have to resume their payments, that will have an effect on credit card #banks
⚠️#NAVI #SLM #OMF #COF
Supreme Court strikes down Biden's plan to forgive student loan debt
New York Fed: student loan borrowers had over $195B in waived payments, likely exceeding $300B now
Deutsche: if students are going to have to resume their payments, that will have an effect on credit card #banks
⚠️#NAVI #SLM #OMF #COF