#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #collateral #repo #yieldcurve All of a sudden, two of the biggest bond bears on the planet have turned bearish on the economy and now bullish on bonds. The timing is suspect at least in terms of the "September effect" which is coming off. That leads Treasuries and global bonds back to fundamentals which are looking worse by the datapoint - and we got a bunch of those today. They simply reinforce why bond bears are now economy bears being bullish on bonds. Eurodollar University's Money & Macro AnalysisAckman tweetshttps://twitter.com/BillAckman/status/1716453006344921298Gross tweetshttps://twitter.com/real_bill_gross/status/1716472972113051665S&P Global Flash US Composite PMIhttps://www.pmi.spglobal.com/Public/Home/PressRelease/800861276eb949fc9646061f8eb2ffb4HCOB Flash Eurozone PMIhttps://www.pmi.spglobal.com/Public/Home/PressRelease/8dc7347e38ad43e88d81531f437243aaHCOB Flash Germany PMIhttps://www.pmi.spglobal.com/Public/Home/PressRelease/bdd9a44d333a46a9bd5c66cd7fd32090au Jibun Bank Flash Japan Composite PMIhttps://www.pmi.spglobal.com/Public/Home/PressRelease/4b3aea7d614f4e47aa7a4b108bead4b9Twitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7