China recession & U.S. inflation – new car registrations significantly slowed down! – Watch out for Wells Fargo & Blackrock

CAPITAL MANAGER Market Ticker 15.07.22:

MAKRO – China Recession & US Inflation
SECTORS – New car registrations significantly slowed down!
INVESTMENT – Watch out for Wells Fargo & Blackrock

MAKRO – China Recession & US Inflation
China’s economy is growing by only 0.4%. Is it the beginning of a global recession, which JP Morgan board member Jamie Dimon has already proclaimed? Indices this week turned out weak. Inflationary pressures in the United States remain high and now a 100 bp rate hike is being discussed.
https://blog.onemarkets.de/in-den-usa-wird-nun-eine-100-bp-zinsanhebung-diskutiert/

SECTORS – New car registrations significantly slowed down!
The development of the number of new passenger car registrations in Europe by country from January to June 2022 shows a dramatic decline! We have already rated this industry accordingly in the last CM Premium Scoring ratings. This is the confirmation.
(Image source: https://de.statista.com/statistik/daten/studie/260825/umfrage/monatliche-pkw-neuzulassungen-in-den-laendern-europas/)

INVESTMENT – Watch out for Wells Fargo & Blackrock
Today, numbers are coming in from Wells Fargo & Blackrock. Next week more numbers from banks and credit card usage. CAUTION, first statements from the industry already warn of sharp decline. And the reporting season that has just started will have even more surprises in store for us.

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