Gordon T Long Global Macro Research | Macro-Technical Analysis GLOBAL MACRO MONETARY POLICY A QUICKLY STALLING GLOBAL ENGINE The global economy’s engine of growth has been dominated by China since the 2008 Financial Crisis. As we have documented many times since the GFC it has been Chinese credit growth and specifically the Chinese Credit […]
The content has been lost from the site. To read this post please see the full newsletter: THE US CREDIT RATING IS IN ACTUALITY NOW ‘HY’ OR ‘JUNK’! If the above direct link fails, try this: https://myemail.constantcontact.com/The-US-Credit-Rating-Is-In-Actuality-Now–HY–or–JUNK–.html?soid=1110877245158&aid=T0WJfMtuVs8
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS ENERGY INFLATION FITCH’S DOWNGRADE A VOTE OF NON-CONFIDENCE IN BIDENOMICS! In downgrading the US Credit Rating to AA+ this week, Fitch cited: “there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding […]
US CREDIT DOWNGRADED: Bidenomics Breaks The US ‘Credit Credibility’ Dam! Key Rating Drivers Ratings Downgrade: The rating downgrade of the United States reflects the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that […]
Gordon T Long Global Macro Research | Macro-Technical Analysis GLOBAL MACRO US ECONOMICS THE BIDENOMIC LIQUIDITY PUMP IS EASING FINANCIAL CONDITIONS Last week we outlined how the stealth Bidenomics Liquidity Pump is presently working. The proof of its effectiveness is the Goldman Sachs Financial Conditions Index, which is now at its ‘easiest’ since the […]
Gordon T Long Global Macro Research | Macro-Technical Analysis GLOBAL MACRO US ECONOMICS THE STEALTH BIDENOMIC LIQUIDITY PUMP The tightening of credit and lending has been underway since the beginning of 2023, yet there seems to be plenty of credit and spending? Shouldn’t we have seen more impact by now? The answer is yes […]
Gordon T Long Global Macro Research | Macro-Technical Analysis GLOBAL MACRO GLOBAL ECONOMICS HIGHER TAXES AND LOWER REAL WAGES AHEAD! The entire burden of central bank rate hikes and failed monetary poilcy has become a huge burden to primarily families and small businesses. Meanwhile, large corporations and governments are virtually unaffected. I increasingly hear this […]
Gordon T Long Global Macro Research | Macro-Technical Analysis GLOBAL MACRO US ECONOMICS BIDENOMICS: BASICALLY CENTRAL PLANNING WITH A NEW TITLE! In the last newsletter we discussed the Biden Administration’s newly launched Bidenomics focus by pointing out the mis-information, mis-direction, fabrications and data manipulation that it encompassed. What we didn’t have time to discuss […]
Gordon T Long Global Macro Research | Macro-Technical Analysis GLOBAL MACRO ECONOMICS THE ONE QUESTION YOU MUST ANSWER! We try quite hard to keep these newsletters focused on the key “signals” not the “noise”. So let me clearly state in simple terms what should be obvious to all our long term readers by now. […]
Gordon T Long Global Macro Research | Macro-Technical Analysis GLOBAL MACRO ECONOMICS ARE WE THERE YET?? We believe eventually a Recession in the US will be officially labeled as beginning in Q3 2023. We expect current weakening economic conditions to accelerate in Q3 and to take us into negative GDP growth. This week’s LEI, […]
