In this longer episode Ed covers huge moves in international bond & FX markets, recent comments from Jerome Powell, problems under the surface with the American consumer (28% of Apple credit cards are sub-prime), and what recent earnings statements from large companies like FedEx may be hinting at from a macro prospective. Nationalization of the German power company Uniper, brewers requesting federal assistance, and energy price caps are all covered.
https://www.nytimes.com/2000/12/15/business/microstrategy-chairman-accused-of-fraud-by-sec.html
ttps://www.reuters.com/business/energy/germany-buy-fortums-uniper-stake-inject-8-billion-euros-2022-09-20/
https://www.bloomberg.com/opinion/articles/2022-09-16/fedex-s-problems-are-about-fedex-not-the-world
https://www.reuters.com/business/crude-us-emergency-reserve-falls-lowest-since-nov-1984-2022-09-06/#:~:text=HOUSTON%2C%20Sept%206%20(Reuters),from%20the%20Department%20of%20Energy.
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
https://www.reuters.com/business/autos-transportation/ford-expects-parts-shortage-hit-third-quarter-sales-2022-09-19/
