The report from MacroVisor discusses various aspects of the global economy, focusing on the US and China. It highlights the rise in the price of hospital services, college tuition and fees, college textbooks, child and medical care over the last twenty years. It also mentions the largest ever monthly options expiration for Friday at $2.3T. The report discusses the high gross leverage by hedge funds, around 254%, and the spike in auto loan rejections due to tightening credit conditions. It also touches on the contraction in money supply and its potential impact on inflation. The report ends by discussing the slowing momentum of China’s reopening story, with GDP coming in below expectations in Q2.
- Monitor the Gross Leverage by Hedge Funds: The high gross leverage by hedge funds, around 254%, is a key metric to watch as it can indicate potential market volatility.
- Keep an Eye on Auto Loan Rejections: The spike in auto loan rejections due to tightening credit conditions could indicate a potential slowdown in the auto industry.
- Watch the Money Supply Contraction: The recent contraction in money supply could potentially drag down inflation, which could have significant economic implications.
- Monitor China’s Economic Situation: The slowing momentum of China’s reopening story, with GDP coming in below expectations in Q2, could have global economic implications.