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Olduvai III: Catacylsm
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Why Global Growth Hit A Wall: China Credit Growth Continues To Slow

Why Global Growth Hit A Wall: China Credit Growth Continues To Slow QUICK TAKE: In short, our thesis is that city-level and regional macroprudential tightening policies in China currently will render economic growth in 2Q18, but more importantly 2H18, dismal; we believe this will spread to emerging markets, rendering the “global coordinated growth” bulls out […]

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Global Deflation Alert: Chinese Credit Creation Tumbles To 27 Month Low

Global Deflation Alert: Chinese Credit Creation Tumbles To 27 Month Low At the end of November, we showed a troubling observation for China – and global – macro watchers from Axiom’s Gordon Johnson: for the first time ever, record Chinese credit creation had failed to stimulate the economy, and in fact the exact opposite appeared […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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