The Central Bank currently faces a difficult task.

On the one hand, inflation has slowed.

Figure 1.

On the other hand, cash is leaving banks, liquidity is falling, and the printing presses are kicking into gear.

Figure 2. Cash.

Figure 3. Monetary base.

Therefore, there is no simple s ... Читать дальше »

It seems that US budget spending has started to slow down.

https://fiscaldata.treasury.gov/static-data/published-reports/mts/monthly-receipts-outlays-deficit-surplus/MonthlyReceiptsOutlaysDeficitSurplus.xls

Good news for the dollar.

Here are some distortions in the Sber report.

Officially, the capital adequacy ratio has increased, but if you calculate the ratio of equity to the balance sheet, it has decreased.

This skew means that Sber has bought a lot of government obligations.

Thus, due to this, the liquidity of the market has decreased, the level of available funds has drained and the interest rate has slightly increased.

This also explains the difference between the Central Bank's key interest rate and the inf ... Читать дальше »

This is monthly inflation in different dimensions.

Cash continues to leave banks.

To the latest data, the M2 monetary aggregate continues to slow down.

Weekly inflation sticks down.

Rosneft hides its normal financial statements and cash flow statement.

But my smart indicators can reveal any secret using indirect data.

The company is returning to 18-19 years in its reporting indicators.

Figure 1.

Thus, dividends will follow suit.

Я продолжу эту тему  на русском, так как это  критика материала написанного на русском.

Не всегда ожидаешь встретить конспирологический и алогичный ММТ  опус на сайте ЦБ РФ, но вот, пожалуйста….

Идём на сайт ЦБ РФ по ссылке:

https://cbr.ru/oper_br/o_dkp/liquidity/

И скачиваем материал в самом конце по ссылке:

... Читать дальше »

This is the average data for many years.

The situation is getting worse.