Chinese Company PLUNGES 30% (This Confirms Everything)

Chinese e-commerce retailer Temu becomes the latest global consumer business to warn about the economy - exactly what bonds have been doing all year much to the growing frustration of authorities. They'd rather derail lower market rates at the same time as cutting their own? It actually does make a lot of sense as all these things are related.

Eurodollar University's Money & Macro Analysis

Bloomberg PDD’s Warning Highlights Growing Strain on China Consumer Firms

CNBC Shares of Temu parent company PDD plunge almost 29%

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Bloomberg PBOC Holds Policy Rate Steady After Warning on Bond Rally

Bloomberg China Won’t Ban Bond Trading But Sees Risk in Buying Frenzy

[SnugglehPuppeh]

Guess they won't be shopping like a billionaire any more.

[joaopina]

The US economy is already in recession. Any rate cut will not ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, when the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[BeaterCar]

Nobody has enough space for cheap Chinese products if they are living out of their cars.

[redj]

TEMU is having business issues. Customers aren’t happy with products. Suppliers don’t like getting penalized. They are online world wide. DIFFERENT from local Chinese economy

[joshmackenzie]

Jeff still bearish and taking losses on bonds, lol!

[JSniderDebunkedgoldspansubstak]

Jeff "My Reputation Plunges Daily" Snider. Debunked.

[vgernyc]

The 10yr vs 2yr US yield spread just un-inverted today

[JamesJones]

Thanks for continuing updates 👍 I'd rather trade the stock market as it's more profitable. I make an average of $43, 000 per week even though I barely trade myself.

[weswest]

Whoever thinks low rates, zero rates or even negative rates work, I have this to ask, why didn’t they work in Japan?

[Dkguerilla]

does all this doom and gloom matter for long term investors? .

[aerok]

As a UPSer, I can attest the temu volume is much much lower

[kennethoneill]

'looks like we have to reduce profits to build warehouses and other infrastructure. So we can deal with competition. ' investors panic.

[wagashiohagi]

Jeff has been singing the "Globally Synchronized" China doom nonsense for four years. It's beyond pathetic at this point.

On Emil's channel, video titled "Reading China Tea Leaves", start the video at 35:00 and let the laughs begin. Since that day, 6/20/20, SPX +2528 points, TLT -64 bucks a share, USO +48!

I could go on and on about how incredibly incorrect Jeff has been on just about, if not, everything. Instead I will ask...at what point are you man enough to admit you were wrong Jeff?

[kalef]

Temu is HORRIBLE for humanity and our environment

[Pangora]

I made a pretty penny on the stock and I sold it in the low 100s. It then ran up another 50%.

[reallymakesyouthink]

This confirms everything

Confirms what?

Everything

[AlxParrish]

This guy's doom and gloom is just as bad as discourse miniatures....

[SigFigNewton]

When every macro economics channel is a confirmation bias channel

[Michael-qyjz]

Just PRINT more Stimulus and Force Rates to Zero to wealth transfer another 10 trillion or so to the top!!

[phishdough]

Bro just doom posts and makes stuff up