The Money GPS

TOPICS AND TIMESTAMPS:

Biggest Change 0:00

Energy Debt 0:40

Elon Musk On Inflation 6:42

Stock Market Lie 9:48

UK Cost of Living: Rising Energy Bill to Drive Up Debt, Energy Bosses Warn - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-19/u-k-energy-bosses-warn-of-steep-increase-in-customers-debt?srnd=premium&sref=6uww027M

War in Ukraine: FAO renews appeal to bolster agriculture and provide urgent support to vulnerable rural households

https://www.fao.org/newsroom/detail/war-in-ukraine-fao-renews-appeal-to-bolster-agriculture-and-provide-urgent-support-to-vulnerable-rural-households/en

Rising Fertilizer Costs are Catching up to Rice Farmers, Threatening Supplies - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-18/food-crisis-to-worsen-as-fertilizer-costs-threaten-rice-output

China’s zero-Covid policy risks causing agricultural crisis and food shortages | Financial Times

https://www.ft.com/content/17aaf112-be52-4695-9f2d-849a50ea3c2d?segmentID=d000ce45-8c25-aa67-8d82-a8ab39602280

Italy puts 25C limit on air conditioning as Ukraine crisis forces energy rationing | Italy | The Guardian

https://www.theguardian.com/world/2022/apr/20/operation-thermostat-italy-limits-air-conditioning-amid-energy-crisis-fears

US natural gas export fever tempered by costs and climate concerns | Financial Times

https://www.ft.com/content/6275bd39-0766-4b58-91ba-bc57f03c9d69

Elon Musk: Inflation worse than reported, likely to last through 2022

TOPICS AND TIMESTAMPS:

Huge 0:00

Oil Embargo 0:27

They’re Buying It All 5:42

Up or Down? 10:41

An EU embargo on Russian oil in the works - French minister | Reuters

https://www.reuters.com/world/an-eu-embargo-russian-oil-works-french-minister-2022-04-19/

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https://cms.zerohedge.com/s3/files/inline-images/commitment%20to%20cut.jpg?itok=dzepUMse

Supply chain braces for next shockwave as China battles COVID - FreightWaves

https://www.freightwaves.com/news/get-ready-for-the-next-supply-chain-shockwave

Stocks week ahead: The biggest risk to the global economy no one is talking about - CNN

https://www.cnn.com/2022/04/17/economy/stocks-week-ahead/index.html

Tesla’s China Workers Are Back On the Job But Sleeping in the Factory | Observer

https://observer.com/2022/04/tesla-shanghai-gigafactory-resume-production-amid-covid-lockdown/

Blackstone Bets on Campus Housing With $13 Billion Acquisition - WSJ

https://www.wsj.com/articles/blackstone-bets-on-campus-housing-with-13-billion-acquisition-11650366000?mod=djemalertNEWS

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Canada Housing Market Hit By Higher Interest Rates, With Sales Down 5.4% - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-19/higher-rates-hit-canadian-housing-market-with-sales-down-5-4?srnd=premium-canada

Canadians Borrow Against Homes Again as Covid Restrictions Lift - Bloomberg

TOPICS AND TIMESTAMPS:

It’s Happening 0:00

Biggest This Century 0:35

Civil Unrest 5:37

Big Change 11:13

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https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%283%29_283.png?itok=tvaZ6Ro5

Goldman Sachs Sees U.S. Recession Odds at 35% in Next Two Years - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-17/goldman-sachs-sees-u-s-recession-odds-at-35-in-next-two-years

Fed’s James Bullard Says 75 Basis-Point Rate Hike Could Be Option If Needed - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-18/fed-s-bullard-says-75-basis-point-hike-could-be-option-if-needed?srnd=premium-canada

Homebuyers Discouraged by Rising Mortgage Rates, Prices, N.Y. Fed Survey Finds - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-18/home-buyers-discouraged-by-rising-rates-prices-in-ny-fed-survey?srnd=premium-canada

Price of corn hits 9-year high as surge in commodities continues

https://www.cnbc.com/2022/04/18/price-of-corn-hits-9-year-high-commodities-food-inflation.html

Pakistan Runs Out of Money to Power Homes - Bloomberg

TOPICS AND TIMESTAMPS:

What’s Happening? 0:00

China’s Slowdown 0:39

China Commodities 5:34

Trucking Headwinds 7:27

Bitcoin Important Correlation 9:11

Inside a Shanghai Mass Quarantine Center: No Showers, Lights On 24/7 - WSJ

https://www.wsj.com/articles/inside-a-shanghai-mass-quarantine-center-no-showers-lights-on-24-7-11650187802

Shanghai Unveils Business Restart Plan on Supply-Chain Woes - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-16/shanghai-unveils-production-restart-plan-amid-supply-chain-pains?srnd=economics-vp

Chinese Home Sales Plunge 29% as Covid Bites: Evergrande Update - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-18/property-easing-seen-insufficient-for-sales-evergrande-update?srnd=economics-vp

China Raises Coal and Gas Output to Records After Prices Surge - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-18/china-raises-coal-and-gas-output-to-records-after-prices-surge

Trucking bloodbath: Truckers are preparing for downturn

https://www.freightwaves.com/news/truck-driver-bloodbath-reacts-4-2022

Bitcoin Risk-Reward Calculation is Being Upended by Rising Rates - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-17/bitcoin-risk-reward-calculation-is-being-upended-by-rising-rates

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TOPICS AND TIMESTAMPS:

Here We Go 0:00

Debt Up 0:45

Threat To Housing Market 5:18

Real Estate Pop 7:57

Tesla $4600 Target 12:28

Credit-Card Spending Belies Consumers’ Glum View of the Economy - WSJ

https://www.wsj.com/articles/credit-card-spending-belies-consumers-glum-view-of-the-economy-11650063685

Inflation Isn’t Close to Peaking. Why Prices Will Keep Rising. | Barron's

https://www.barrons.com/articles/peak-inflation-51649966350?siteid=yhoof2

Decade-High Mortgage Rates Pose Threat to Spring Housing Market - WSJ

https://www.wsj.com/articles/decade-high-mortgage-rates-pose-threat-to-spring-housing-market-11650101401

Shanghai by the numbers: China's Covid lockdowns

https://www.cnbc.com/2022/04/17/shanghai-by-the-numbers-chinas-covid-lockdowns.html

Powell May Be About to Seal Deal on a Half-Point Hike: Eco Week - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-16/powell-may-be-about-to-seal-deal-on-a-half-point-hike-eco-week

Here’s how much the same mortgage costs now, compared to last year

https://www.cnbc.com/2022/04/16/heres-how-much-the-same-mortgage-costs-now-compared-to-last-year.html

The Sky-High Pandemic Housing Market Finds Gravity Does Exist – DNyuz

https://dnyuz.com/2022/04/16/the-sky-high-pandemic-housing-market-finds-gravity-does-exist/

Will Home Prices Go Down? Real Estate Starts to Cool in Covid Boomtowns - Bloomberg

TOPICS AND TIMESTAMPS:

Big Changes 0:00

Only Just Begun 0:38

Inflation Situation 5:52

Central Bank 9:07

Elon Musk Twitter 11:17

Record 32% of homebuyers are fleeing coastal cities like San Francisco, LA, Seattle and Boston | Daily Mail Online

https://www.dailymail.co.uk/news/article-10722017/Record-32-homebuyers-fleeing-coastal-cities-like-San-Francisco-LA-Seattle-Boston.html

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https://i.dailymail.co.uk/1s/2022/04/15/17/56653379-10722017-San_Francisco_Los_Angeles_New_York_Washington_DC_and_Seattle_top-a-15_1650041420275.jpg

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https://i.dailymail.co.uk/1s/2022/04/15/17/56657459-10722017-While_many_are_looking_to_relocate_people_in_Seattle_were_seen_a-a-20_1650041420293.jpg

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https://i.dailymail.co.uk/1s/2022/04/15/17/56657479-10722017-The_news_comes_after_it_was_revealed_New_York_Los_Angeles_San_Fr-a-18_1650041420289.jpg

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https://i.dailymail.co.uk/1s/2022/04/15/17/56652611-10722017-Inflation_sky_rocketed_to_a_41_year_high_of_8_5_percent_in_March-a-21_1650041420357.jpg

TOPICS AND TIMESTAMPS:

Really? 0:00

Back To Work 1:03

Challenges Ahead 4:02

China Lockdowns 7:15

Energy Dependance 11:32

Retired U.S. Workers Are Returning to the Labor Market as Living Costs Rise - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-14/-unretirement-is-on-the-rise-in-u-s-as-older-workers-return

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https://cms.zerohedge.com/s3/files/inline-images/2022-04-14_12-20-35.jpg?itok=PKaVRbIj

(1) Mohamed A. El-Erian on Twitter: "Per this one-week volatility in yields on 2- and 10-year US government bonds: It’s getting harder to make sense of what normally would be deemed such outsized daily moves. #bonds #economy #markets #EconTwitter https://t.co/nX0CE4xnlA" / Twitter

https://twitter.com/elerianm/status/1514607758343282692/photo/1

Bernstein: China's 2022 Covid lockdowns inflation risk bigger vs 2020

https://www.cnbc.com/2022/04/15/bernstein-chinas-2022-covid-lockdowns-inflation-risk-bigger-vs-2020.html

Singapore Dollar Rallies After Central Bank Ups Inflation Fight

https://finance.yahoo.com/news/singapore-mas-tightens-policy-amid-000451965.html

Putin tells Europe: You still need Russian gas but we're turning east | Reuters

https://www.reuters.com/world/europe/putin-tells-europe-you-cannot-ditch-russian-gas-were-turning-east-2022-04-14/

Yellen Challenges China in ‘Moment for Choosing’ on World Order

TOPICS AND TIMESTAMPS:

No Way 0:00

Goldman Sells 0:40

ECB Goes For It 3:45

Demand Destruction 6:55

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https://cms.zerohedge.com/s3/files/inline-images/Goldman%20selling%20to%20retail_5.jpg?itok=ewm44uJ9

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https://cms.zerohedge.com/s3/files/inline-images/harvesting%20Q2%202022-04-14_9-17-03.jpg?itok=AWy9xRwV

Retail Sales Slow In March As Gas Prices, Inflation Trim Spending - TheStreet

https://www.thestreet.com/markets/retail-sales-slow-in-march-as-gas-prices-inflation-trim-spending

ECB Rate Increase in 3Q Might be 25 Basis Point Hike: Sources - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-14/ecb-officials-converging-on-quarter-point-hike-in-third-quarter

ECB on track to unwind stimulus after inflation warning | Reuters

TOPICS AND TIMESTAMPS:

Monetary Modification 0:00

Inflation Stimulation 0:50

Global Synchronization 2:56

Economic Stagnation 6:03

Avocado Toast 10:57

Michael Burry 11:25

Producer Price Index March 2022:

https://www.cnbc.com/2022/04/13/producer-price-index-march-2022-.html

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https://cms.zerohedge.com/s3/files/inline-images/2022-04-13_05-32-38.jpg?itok=3W-qyeVu

Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening - Bank of Canada

https://www.bankofcanada.ca/2022/04/fad-press-release-2022-04-13/

Argentina Raises Key Rate To 47% as Inflation Hits 20-Year High - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-13/argentina-raises-key-rate-to-47-as-inflation-hits-20-year-high

‘Calamity' may be coming, stock-market setup similar to 1999: Jeffrey Gundlach - MarketWatch

https://www.marketwatch.com/story/calamity-may-be-coming-with-stock-market-setup-similar-to-1999-jeffrey-gundlach-11649784113?siteid=yhoof2

UK Wage Growth Lags Inflation in February as Living Standards Fall - Bloomberg

https://www.bloomberg.com/news/articles/2022-04-12/u-k-workers-see-biggest-fall-in-living-standards-in-eight-years

Airfare surged 20% over pre-pandemic levels as inflation hit vacations

TOPICS AND TIMESTAMPS:

This Is Wild 0:00

Inflation Everywhere 0:37

Something Broke 4:23

Lockdowns Falldowns 9:03

Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981

https://www.cnbc.com/2022/04/12/consumer-prices-rose-8point5percent-in-march-slightly-hotter-than-expected.html

Soaring prices of online goods may flash another warning for the Fed | Financial Post

https://financialpost.com/pmn/business-pmn/soaring-prices-of-online-goods-may-flash-another-warning-for-the-fed

How to Adjust Your Brain for 8.5% Inflation - WSJ

https://www.wsj.com/articles/how-to-adjust-your-brain-for-rising-inflation-11649764867

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https://cms.zerohedge.com/s3/files/inline-images/shelter%20rent%20march%202022.jpg?itok=EzJVvAb2

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https://cms.zerohedge.com/s3/files/inline-images/cpi%20heatmap%20MoM%20april%202022.jpg?itok=BCiBLqZO

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