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Matthew C. Klein @m_c_klein ยท Feb 23, 2023
  • From Twitter

"business sources of funds from profits and credit have rolled over and turned negative. As you would expect, when this happens, they cut back first on buybacks and M&A, then on capex, and last of all hiring" [link] <-- good read, ht @dampedspring (link fixed)

Paper Feb 14, 2023
Tightening Cycle is Approaching Stage 3 _charts_Feb 2023_v3Tightening Cycle is Approaching Stage 3 _charts_Feb 2023_v3Tightening Cycle is Approaching Stage 3 _charts_Feb 2023_v3Tightening Cycle is Approaching Stage 3 _charts_Feb 2023_v3Tightening Cyc
by Bob Prince and Aaron Goone
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