The Money GPS

TOPICS AND TIMESTAMPS:

Up or Down? 0:00

Fed’s Hard Landing 0:32

Interest Rates and Money Magic 6:55

Russia and the U.S. Dollar 8:47

Economic Slowdown 10:39

Federal Reserve Should Brace for Recession - Bloomberg

https://www.bloomberg.com/opinion/articles/2022-04-02/federal-reserve-should-brace-for-recession

Fed’s Williams Sees Sequence of Steps to Raise Rates to Neutral - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-02/fed-s-williams-says-inflation-risk-in-u-s-is-particularly-acute?srnd=premium-canada

Fed Is Whetting Appetite for a Half-Point Rate Hike: Eco Week - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-02/fed-is-whetting-appetite-for-a-half-point-rate-hike-eco-week

Cathie Wood Says Fed Hiking Interest Rates Would Be a Mistake - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-02/cathie-wood-says-fed-hiking-interest-rates-would-be-a-mistake

Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed

https://fred.stlouisfed.org/series/WALCL

FRB: H.4.1 Release-- Factors Affecting Reserve Balances -- Thursday, March 31, 2022

https://www.federalreserve.gov/releases/h41/current/

Russia sanctions threaten to erode dominance of US dollar, says IMF | Financial Times

https://www.ft.com/content/3e0760d4-8127-41db-9546-e62b6f8f5773

TOPICS AND TIMESTAMPS:

Different This Time 0:00

Bretton Woods III 0:27

Out of Control 4:09

Nobody Is Watching This 8:33

Chart GPS 10:15

Russian to Earn $321 Billion From Oil, Gas Exports This Year, Higher Than 2021 - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-01/putin-may-collect-321-billion-windfall-if-oil-gas-keep-flowing?srnd=premium-canada

Commodities And The New World Order: What You Need To Know From Zoltan Pozsar's Bretton Woods III | the deep dive

https://thedeepdive.ca/commodities-and-the-new-world-order-what-you-need-to-know-from-zoltan-pozsars-bretton-woods-iii/#:~:text=Arising%20from%20the%20ashes%20of,energy%20supplies%2C%E2%80%9D%20he%20added.

Chicago to Offer Gas, Public Transit Cards to Combat City’s Gas Burden, Lightfoot Announces – NBC Chicago

https://www.nbcchicago.com/news/local/chicago-to-offer-gas-public-transit-cards-to-combat-citys-gas-burden-lightfoot-announces/2796170/

Cheese Pizza Slice Costs More Than a NYC Subway Ride

https://www.bloomberg.com/graphics/2022-pizza-principle-transit-fare-price/

Why I believe a freight recession is imminent - FreightWaves

https://www.freightwaves.com/news/why-i-believe-a-freight-recession-is-imminent

War in Ukraine pushes Middle East and North Africa deeper into hunger as food prices reach alarming highs | World Food Programme

https://www.wfp.org/news/ukraine-pushes-middle-east-and-north-africa-deeper-hunger-food-prices-reach-alarming-hights

TOPICS AND TIMESTAMPS:

What’s Going To Happen? 0:00

U.S. Hegemony Diminished? 0:41

Ruble Rubble? 5:44

Stagflation Situation 6:44

Supply Chain 10:28

Extreme Market Volatility 11:47

China's CIPS Payment System Can't Help Russia Banks Cut Off From SWIFT - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-14/why-china-s-payment-system-can-t-easily-save-russia-quicktake

Russia Offers SWIFT Payment System Alternative to India for Buying Oil in Rubles - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-30/russia-proposes-swift-alternative-to-india-for-ruble-payments

U.S. Criticizes India on Russia Talks as Lavrov Visits Delhi - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-31/u-s-criticizes-india-over-russia-talks-as-lavrov-visits-delhi

The Ruble Regains 100% of Its Loss After Russia Invaded Ukraine, Why? - Mish Talk - Global Economic Trend Analysis

https://mishtalk.com/economics/the-ruble-regains-100-of-its-loss-after-russia-invaded-ukraine-why

Russian Palladium and Platinum – Too Important to Sanction

https://www.bullionstar.com/blogs/ronan-manly/russian-palladium-and-platinum-too-important-to-sanction/

Russia's ruble rebound raises questions of sanctions' impact | AP News

TOPICS AND TIMESTAMPS:

Nothing Like This 0:00

Historic Shock 0:31

Wear A Sweater 2:27

Bond Market Tell 8:48

China Russia Alliance 13:10

BlackRock President Says 'Entitled Generation' Learning About Shortages - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-29/blackrock-s-kapito-says-scarcity-inflation-is-driving-economy

Germans told to wear a sweater to cope with soaring energy prices — RT World News

https://www.rt.com/news/552839-germans-sweater-energy-prices-russia/

1 in 5 American workers runs out of money before payday, survey finds

https://www.cnbc.com/2022/03/30/1-in-5-american-workers-runs-out-of-money-before-payday-survey-finds-.html

Britons face ‘historic shock’ to their incomes, Bank of England governor warns | Financial Times

https://www.ft.com/content/1b303855-cc54-4e4b-83f6-d0f3e764b6cf

Shanghai expands COVID lockdown as new daily cases surge by a third | Reuters

https://www.reuters.com/world/china/shanghai-expands-lockdown-more-areas-new-local-cases-hit-5982-2022-03-30/

Germany and Austria plan for gas rationing over payment stand-off with Russia | Financial Times

https://www.ft.com/content/0706d6f4-6668-4f67-ab1c-d535d847caf7?emailId=62440a801492b200040a6e12&segmentId=3d08be62-315f-7330-5bbd-af33dc531acb

Brand Loyalty Takes a Hit From Inflation, Shortages - WSJ

TOPICS AND TIMESTAMPS:

Inflation Smackdown 0:00

Recession Incoming 0:36

Predict the Stock Market 5:45

Most Accurate Signal 9:01

Financial Markets 10:57

Correction: Bill Dudley. President, Federal Reserve Bank of New York, 2009–2018

Soaring Prices Are Changing the Way People Eat

https://www.bloombergquint.com/global-economics/rising-food-prices-could-spell-social-unrest-demand-destruction-and-less-bacon

Is a Recession Coming? The Fed Has Made It Inevitable - Bloomberg

https://www.bloomberg.com/opinion/articles/2022-03-29/is-a-recession-coming-the-fed-has-made-it-inevitable

8/9. That's the Fed’s record on triggering a recession while trying to fix inflation. - POLITICO

https://www.politico.com/news/2022/03/29/federal-reserve-recession-inflation-rates-00021119

Fed-Balance-Sheet-vs-SP500-032222.png (958×568)

https://realinvestmentadvice.com/wp-content/uploads/2022/03/Fed-Balance-Sheet-vs-SP500-032222.png

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https://thesoundingline.com/wp-content/uploads/2021/12/central-bank-bond-holds-as-a-percent-of-issuance.png

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https://cms.zerohedge.com/s3/files/inline-images/M2%20money%20stock.png?itok=AJSMd990

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TOPICS AND TIMESTAMPS:

Stop, Drop, and Roll 0:00

When Everything Shuts 0:46

U.S. Consumer Breaks 5:45

Jim Cramer Said What? 12:08

Shanghai imposes lockdown in effort to control omicron outbreak | TheHill

https://thehill.com/policy/international/599957-shanghai-imposes-lockdown-in-effort-to-control-omicron-outbreak?rl=1

Wall Street’s Office Return Is Reviving Local Cafes

https://www.bloomberg.com/graphics/pret-index/?srnd=premium

Treasury Slide Sees 5-30 Spread Invert for First Time Since 2006 - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-28/treasury-slide-sees-5-30-spread-invert-for-first-time-since-2006

unnamed - 2022-03-28T211353.503.jpg (512×331)

https://cms.zerohedge.com/s3/files/inline-images/unnamed%20-%202022-03-28T211353.503.jpg?itok=SseRgINJ

Wall Street Should Start Worrying About U.S. Consumers - Bloomberg

https://www.bloomberg.com/opinion/articles/2022-03-28/wall-street-should-start-worrying-about-u-s-consumers

El-Erian warns of 'cost of living crisis,' says Fed rate hikes could cause recession

https://www.cnbc.com/2022/03/28/el-erian-warns-of-cost-of-living-crisis-says-fed-rate-hikes-could-cause-recession.html

Rising Food Prices Could Spell Social Unrest, Demand Destruction and Less Bacon - Bloomberg

TOPICS AND TIMESTAMPS:

So Demanding 0:00

Demand Destruction 0:44

Stocks Gone Haywire 7:34

China Slowdown 12:04

RV’s 13:00

A World That’s More Expensive Is Starting to Destroy Demand - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-27/a-world-that-s-more-expensive-is-starting-to-destroy-demand?srnd=premium-canada

Global Commodity Trading Houses Latest News: March 26, 2022 - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-26/shaken-by-spiking-commodities-trading-houses-adapt-to-survive?srnd=premium-canada

High-Velocity Market Swings Have Roots in Economic Boom Thesis - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-26/high-velocity-market-swings-have-roots-in-economic-boom-thesis

The Riskiest Bets in the Stock Market Are the Most Popular - WSJ

https://www.wsj.com/articles/the-riskiest-bets-in-the-stock-market-are-the-most-popular-11648329082

China Economy Faces Worst Slowdown Since Pandemic, Nomura Says - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-26/china-economy-faces-worst-slowdown-since-pandemic-nomura-says?sref=i4qXzk6d

Latest RV Shipment Report Shows New February High | RVIA

https://www.rvia.org/news-insights/latest-rv-shipment-report-shows-new-february-high

TOPICS AND TIMESTAMPS:

Big Moves 0:00

Up and Up 0:38

Mortgage Too Far 8:55

Commodities Boom Over? 11:38

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https://cdn.statcdn.com/Infographic/images/normal/27110.jpeg

Real Estate Investing: Homeowners Use Cash-Out Refis to Buy Rentals - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-25/real-estate-investing-homeowners-use-cash-out-refis-to-buy-rentals?srnd=premium-canada

Small Trucking Companies Are Getting Squeezed by Soaring Diesel Prices - WSJ

https://www.wsj.com/articles/small-trucking-companies-are-getting-squeezed-by-soaring-diesel-prices-11648200601?mod=hp_lista_pos2

Sell Stocks on Inflation and Russia War, Calstrs CIO Ailman Says - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-25/sell-stocks-on-inflation-and-russia-war-calstrs-cio-ailman-says

Homebuyers Hit With U.S. Mortgage Rates Surging Most Since 1994 - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-25/homebuyers-hit-with-u-s-mortgage-rates-surging-most-since-1994

New York Had Greatest Population Drop of Any Major County Last Year – NBC New York

https://www.nbcnewyork.com/news/local/manhattan-lost-6-9-of-population-in-2021-the-most-of-any-major-u-s-county/3616010/

Lumber Rally Cools With Transport Snarls Easing, Buyers Balking - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-25/lumber-rally-cools-with-transport-snarls-easing-buyers-balking

Column: EU steps back from impractical Russia oil embargo | Reuter

TOPICS AND TIMESTAMPS:

Don’t Ignore 0:00

Fed Goes For It 0:59

Don’t Fight the Fed? 7:19

Russia’s Gold 7:57

Real Estate Debt 11:19

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https://cms.zerohedge.com/s3/files/inline-images/2022-03-25_12-17-00.jpg?itok=ZZoHPDdB

Short-Term Yield Curve Gives Fed Cover to Go Max Hawkish - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-25/a-powell-backed-yield-curve-gives-fed-cover-to-go-max-hawkish?srnd=premium-canada

Hawkish Bank of Canada Speech Puts Half-Point Rate Hike in Play - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-25/bank-of-canada-sees-households-in-better-shape-to-handle-hikes?srnd=premium-canada

2022-03-25_12-12-39.jpg (965×619)

https://cms.zerohedge.com/s3/files/inline-images/2022-03-25_12-12-39.jpg?itok=2XJQ_Rzn

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https://cms.zerohedge.com/s3/files/inline-images/2022-03-25_12-45-20.jpg?itok=qaWesDMo

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https://cms.zerohedge.com/s3/files/inline-images/go%20stop%20fed.jpg?itok=7TMdClxy

Information on the purchase of gold by the Bank of Russia on the domestic market | Bank of Russia

http://www.cbr.ru/press/PR/?file=25032022_192430DKP25032022_182539.htm

FACT SHEET: United States and Allies and Partners Impose Additional Costs on Russia | The White House

TOPICS AND TIMESTAMPS:

Faster Than Expected 0:00

Best Recession Indicator 0:45

Never Ever 6:00

Russia Steps In 7:05

No More Coffee 8:54

Most Expensive Dinner 13:44

Yield Curve Inversion usually takes place a year before recession. However, inflation rates at this level indicate a faster onset.

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https://cms.zerohedge.com/s3/files/inline-images/2Y%20fwd%202s10s.jpg?itok=xmF-9mSy

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https://cms.zerohedge.com/s3/files/inline-images/curve%20inversions%20more%20pronounced%201970s.jpg?itok=uMH9SDrs

every fed hike in past 10 years_1.jpg (649×497)

https://cms.zerohedge.com/s3/files/inline-images/every%20fed%20hike%20in%20past%2010%20years_1.jpg?itok=duZs3VLL

Nickel Tycoon Xiang Guangda Covered Part of His Big Short Position This Week - Bloomberg

https://www.bloomberg.com/news/articles/2022-03-24/nickel-tycoon-covered-part-of-his-big-short-position-this-week

every hiking cycles ends in crisis DB update_1.jpg (1033×595)

https://cms.zerohedge.com/s3/files/inline-images/every%20hiking%20cycles%20ends%20in%20crisis%20DB%20update_1.jpg?itok=zbV6EFUo

Russia puts floor under stock market selloff as trading resumes - BNN Bloomberg