🌎#ironore #shortage
China can't control the price of iron ore. The market is currently in deficit and supply is not expected to increase — Vale CEO

#VALE #BHP

⚠️🇺🇸#banks #creditcard #defaults #us #economy
delinquencies on U.S. credit cards continue to rise

#COF #BFH

⚠️🇺🇸#lending #us #economy
US bank lending is sharply slowing amid the Fed rate hike = the level of the 2008 crisis

🌎#coal #forecast
Rystad: global coal use in power plants to peak in 2023

...as surging deployment of renewables displaces the dirtiest fossil fuel #renewable

earlier: efforts to restrict global warming to 1.5 degrees Celsius are failing “across the board” — and major shifts will be required to create meaningful change, including a much faster move away from using coal to generate electricity

⚠️#TGA

🇩🇪🇪🇺#stocks #europe #germany

⚠️🌎#commodity
the commodity market continues to face challenges.

⚠️🇺🇸#banks #us #macro
U.S. banks' combined unrealized losses have resumed growth, reaching nearly $700B — FDIC

⚠️🇺🇸#tech #stocks #bubble #history
Compound: US tech stocks vs. SP500 = levels of the Dotcom bubble

✴️#liquidity #crypto #markets #BTC

🇺🇸#stocks #us #history
best performing stocks in the SP500 over the last 30 years