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[Watcher.Guru @WatcherGuru]

Weekly Recap

1) 🇫🇷 $10 trillion asset manager BlackRock Paris headquarters taken over by protestors.

2) 🇲🇾 Malaysia Prime Minister says there's no reason to continue to depend on the US dollar.

3) 🇸🇦 Saudi Arabia's Crown Prince MBS says he is no longer interested in pleasing the US.

4) 🇺🇸 Former President Trump says "our currency is crashing and will soon no longer be the world standard."

5) #Bitcoin whitepaper is hidden on every Apple MacBook computer running recent versions of macOS software.

6) 🇺🇸 US presidential candidate Robert F. Kennedy Jr. warns the Federal Reserve's 'FedNow' digital currency will result in financial slavery and political tyranny.

7) 🇺🇸 Bank of America, JPMorgan & other major banks subpoenaed over President Biden's family financial records.

8) 🇺🇸 Three US congressmen introduce 'Gold Standard Bill' to stabilize the US dollar's value.

9) Twitter updates its website logo to Dogecoin DOGE.

10) 🇨🇳 Chinese Yuan replaces US dollar becoming the most traded currency in Russia.

11) 🇨🇳 China to invest $39 billion in Malaysia.

12) 🇺🇸 US Treasury says decentralized crypto markets threaten national security.

13) 🇷🇺 Russia and India abandon Europe-dominated oil price, agree to use Dubai oil price benchmark.

14) Almost nobody paid taxes for crypto in 2022, Bloomberg reports.

15) 🇺🇸 Former President Trump says China will probably displace the US dollar as number one currency in the world.

16) 🇺🇸 FED official says Federal Reserve will need to raise interest rates above 5% and hold them there for a while.

17) 🇹🇭 Thailand opposition leader promises $300 crypto airdrop per citizen if elected Prime Minister in May.

18) 🇺🇸 Former President Trump's NFT sales have increased by 251% following his arrest.

19) 🇺🇸 Florida Governor Ron DeSantis says a Federal Reserve digital dollar threatens US financial freedom.

20) 🇺🇸 Arkansas passes bill to protect Bitcoin and crypto mining .

[Robin Brooks @robin_j_brooks]

Everyone talks about how there are lags in how monetary and fiscal policies impact inflation. But there are also clearly lags in how COVID supply chain distress has been hitting PPI (lhs) and CPI (rhs) inflation. Those lags point to easing inflation momentum ahead. With @porszag

[Bravos Research @bravosresearch]

3 macro charts every investor should keep an eye on

Short thread 🧵

[Eric Basmajian @EPBResearch]

Construction employment has (so far) saved the economy from recession.

This thread explains why this happened, why it won’t last much longer, and how this extra lag increased the risk of a hard landing.

1/

[Andreas Steno Larsen @AndreasSteno]

Markets now almost react in a hysterical way to US key figures

The unit labor cost number has NO WHATSOEVER signal value for over wage pressures

1/n

[Adam Cochran (adamscochran.eth) @adamscochran]

1/21

One thing I think I've failed to consider in analyzing the potential rebound of the market is the generational wealth gap.

Cate Faddis of Fernwood mentioned this on Bloomberg today and it got me thinking.

[Andreas Steno Larsen @AndreasSteno]

3 charts showing that consumption is BACK in the US economy, which bodes well for consumption heavy equities, but may be a clear risk for inflation

1/n

[Bravos Research @bravosresearch]

The S&P 500 never bottoms before the unemployment rate rises

The market is losing momentum, and the yield curve signals a recession ahead

A thread 🧵

[Conks @conksresearch]

After the most euphoric January in recent history, hopes of a new bull market have arisen. But the latest market bonanza has set the stage for increased intervention. The Great Financial Tightening™ is about to begin... 1/

[Nick Timiraos @NickTimiraos]

Fed officials have focused attention on inflation in services that exclude housing, given the potential for it to be stickier (and because housing inflation is set to slow)

January core PCE services inflation ex-housing:

3-month annualized rate: 5.2%
12-month change: 4.5%

[Seth Golden @SethCL]

ISM Manufacturing likely to have fallen further in Jan..., but China's PMI recently surged as the country reopens.

Activity in China’s manufacturing sector tends to lead US's ISM by 2-3 months, therefore we should anticipate a rebound by Q2 2023 #Macro #economy

[Macro Daily Co. @macrodailyco]

🚨 Breaking #Macro & Markets News 📰 January 2023 #CPI #inflation #CPIdata is out! Let's dive into the data w/ a thread & recap of the numbers/forward outlook... 🧵/👇🏼

📊h/t @M_McDonough @Bloomberg

#macro #economy #FederalReserve #interestrates $SPX $SPY #Stocks #bonds #StockMarket #Commodities

[Jessica Amir @JessicaDAmir]

Quick reflections from hotter-than-expected US CPI;
- Airfares costs up 26% on month. Boeing shares are up 80% from their lows.
- Eggs, butter, fuel, gas, cereals are all higher on month. Shell shares are up 33% from its low.
We remain bullish on commodities in 2023
#stocks

[Messari by Blockworks @MessariCrypto]

1/ Understanding the US Dollar's role as the global reserve currency can give us a better understanding of its effects on crypto asset prices.🧵

[db @tier10k]

FOMC Preview

TLDR
25bps hike
maybe change "ongoing increases" language
market thinks 2 more hikes, fed said 3 more in Dec, what does Mr Powell think?

[Joshua Mahony @JoshuaMahony]

US jobs report due up at 1.30pm. Join myself and @AngelineOng as we cover it live on @IGTV.
Here are a few consideration ahead of the release.
#NFP 🧵

[Andreas Steno Larsen @AndreasSteno]

Here is the DATA instead of all the moronic yelling

[Robin Brooks @robin_j_brooks]

We loudly called for a dovish Fed pivot starting mid-2022. That pivot finally came on Nov. 2. Today's GDP data show why it was needed. Housing is in full-scale recession (blue), while fixed investment (red) is going that way. The pivot means we have a chance to avoid recession...

[Alf @MacroAlf]

Let's prepare for the Fed meeting.

A thread.

1/

[zerohedge @zerohedge]

Just in case the central bank barrage this week wasn't enough