Todos somos Ferrovial

Hola nofinancieros,

En el pod-newsletter de hoy: 1. Inflación no, pero sí. 2. Apertura China es inflacionista. 3. La inflación en Europa. 4. Tipos del ECB al 4%. 5. Inmobiliarios UK. 6. Inmobiliario US. 7. España Erial Emprendedor.

INTRO

CUANTO MÁS DICEN QUE LES PREOCUPA LA INFLACIÓN, MÁS PIENSO QUE ES AL CONTRARIO. LA QUIEREN ALTA.

Bloomberg Markets @markets

WATCH: Sticky inflation is keeping finance chiefs on their toes at the G-20 meetings in India trib.al/Pu7FAin

Lawrence H. Summers @LHSummers

Friday’s PCE figures, with both core and headline inflation running at 7 percent last month and big upward revisions for the 4th quarter, are very troubling.

AHORA, CHINA ES EL FOCO DE INFLACIÓN Y DE CRECIMIENTO, O NO.

O QUIZÁS ES SOLO OTRA DISTRACCIÓN.

LA NARRATIVA PRINCIPAL ES QUE LA APERTURA CHINA ES INFLACIONISTA PARA EL RESTO.

jeroen blokland @jsblokland

#China stocks are rallying hard today as Macro numbers (finally) reveal some solid #reopening impact. Manufacturing #PMI up to 52.6, the highest level since April 2012! Services PMI up to 56.3. The reopening was priced out recently, a reason to remain neutral and not bearish.

LA INFLACIÓN EN EUROPA

PiQ @PriapusIQ

⚠️ RECKITT CEO SAYS "NO DOUBT" EUROPE IS UNDER MORE PRESSURE THAN THE US WHEN IT COMES TO INFLATION

PiQ @PriapusIQ

🔵 UK GROCERY PRICE INFLATION HITS RECORD 17.1% - Full story via Reuters at PiQSuite.com/Suite/reuters/…

Holger Zschaepitz @Schuldensuehner

OUCH! Pressure on #ECB remains high as more #inflation disappointments rolling in. In both #Spain and #France, consumer prices have risen more than feared. Spain Harmonized CPI 6.1% YoY in Feb vs +5.7% expected. France 7.2% Harmonized CPI 6.1% YoY in Febvs 7% expected.

TIPO DEL ECB al 4% SEGÚN LOS MERCADOS MONETARIOS

𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐇𝐲𝐩𝐞 @EffMktHype

*MONEY MARKETS FULLY PRICE 4% PEAK ECB RATE FOR THE FIRST TIME

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INMOBILIARIO UK

Мʌnv ᚱvјʌnø @Xerajano

UK house prices fall in annual terms for first time since 2020

INMOBILIARIO USA

PiQ @PriapusIQ

🇺🇸🏡 Contracts to buy U.S. previously owned homes rose by the most in more than 2-1/2 years in January, but a resurgence in mortgage rates could delay a much-awaited housing market turnaround.

PiQ @PriapusIQ

🔵 U.S. PENDING HOME SALES POST LARGEST GAIN IN 2-1/2 YEARS IN JANUARY - Full story via Reuters at https://t.co/eXfNByLQy5 https://t.co/Sz7tqCFNN4

PiQ @PriapusIQ

🇺🇸🏡 NAR said on Monday its Pending Home Sales Index, based on signed contracts, jumped 8.1% last month, the biggest increase since June 2020. Economists polled by Reuters had forecast contracts, which become sales after a month or two, rising 1.0%. - PiQSuite.com/Suite/reuters/…

piqsuite.comPiQsuitePutting News & Commentary - On All Things Markets & Geopolitics - At Your Fingertips

jeroen blokland @jsblokland

Here is a #recession chart to get the week going! Existing home sales have collapsed. US Housing Market activity is down the drain because of higher interest rates.

unusual_whales @unusual_whales

Bank of America, $BAC, CEO Brian Moynihan has said to prepare for a US debt default and a recession.

ESPAÑA ERIAL EMPRENDEDOR

EL PAÍS @el_pais

Ferrovial se ha apresurado a decir que no tendrá ningún impacto en el negocio, la estrategia, los planes de inversión, la organización o la operativa diaria

bit.lyFerrovial trasladará su sede social a Países Bajos y cotizará en EE UULa multinacional propondrá a los accionistas el cambio a un país de baja tributación y convertir la matriz en un ‘holding’ internacional

nofinancieros @nofinancieros

La manifa: "Todos somos Ferrovial" es necesaria.

¡Un placer! ¡Hasta Mañana!

Mariano Angulo Solves

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MÁS ALLÁ DEL DINERO

William Warlow III

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