Economic Data on Both Sides of the Pond Pointing to Trouble Ahead.
#realestate #recession #interestrates #mortgage #bonds #stocks
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Today we will look at housing data from the U.K. and the Chicago PMI data from the U.S. and how we could be seeing a replay of the 2020 crash.
Constituent Charter of the Bank for International Settlements: https://www.bis.org/about/charter-en.pdf
Convention respecting the Bank for International Settlements: https://www.bis.org/about/convention-en.pdf
The Tower of Basel by Adam Lebor (free pdf): https://archive.org/details/tower-of-basel-2013-by-adam-le-bor/page/n11/mode/2up
Video Chapters:
00:00 Introduction
01:07 The Tower of Basel // Book recommendation
09:36 A look at UK house price data and Chicago PMI
15:18 Market update
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