investors love looking at esoteric indicators for clues on how the economy is performing and therefore how stocks bonds and other assets will trade how about looking at carbon dioxide emissions there may be a political agreement to reduce emissions but that’s an effort phased in over many years any sudden changes are more likely to be the impact of changing patterns of economic activity rather than cleaner output so we take you to mauna loa home to the world’s second largest volcano and also the site of a remote observatory from the national oceanic and atmospheric administration set up in 1957 over to the blog political calculations which tracks the 12month average of the yearoveryear change in parts per million of atmospheric carbon dioxide “in just a month the global economy has gone from showing signs of stalling growth to providing strong evidence the earth’s economy has resumed shrinking” says the blog it gives two reasons the sanctions imposed on russia which are disrupting flows of energy to europe and china’s use of lockdowns to combat the spread of covid19 the news from the volcano dovetails with more official takes on economics from the world bank and international monetary fund as both institutions reduced estimates of global growth though neither forecast a recession several wall street banks have reduced their growth forecasts for china due to the strict lockdowns while fannie mae the us housing giant forecasts the us economy will enter recession next year due to expectations of a series of federal reserve rate increases netflix nflx shares were again pounded after the latest earnings report diving 26 in afterhours trade after losing 200000 subscribers in the first quarter and forecasting a two million drop in the second quarter the netflix news also pressured streaming hardware maker roku roku  as well as paramount global para  which also has streaming services in a sincedeleted tweet fund manager michael burry said the competition is coming for netflix just as it’s coming for tesla tesla tsla ceo elon musk tweeted the “woke mind virus is making netflix unwatchable” speaking of musk a cryptic message from him suggested he might launch a tender offer for twitter tesla tsla reports results after the close of trade cloud service and consulting provider ibm ibm beat earnings estimates and said it would hit the high end of its revenue growth forecast this year microchip equipment maker asml asml guided for sales growth in the second quarter below analyst estimates with gross margin only slightly above firstquarter levels french president emmanuel macron faces farright challenger marine le pen in a televised debate wednesday after recent polls showed a widening of his lead the us economics calendar features existing home sales data speeches from three federal reserve presidents and the release of the beige book of economic anecdotes us stock futures es00 nq00 were steady after tuesday’s surge the yield on the 10year treasury tmubmusd10y slipped to 289 here were the most active stockmarket tickers on marketwatch as of 6 am eastern bonds have sold off by so much that they are now looking to some like an appealing investment yields for many of the core fixedincome markets are close to their highest levels since the beginning of 2010 “starting yield levels are the best predictor of future returns so with yields increasing meaningfully this year future returns look more attractive than they have in years” said lawrence gillum fixed income strategist at lpl financial hong kong’s famed star ferry is on the verge of failure nba legend jerry west has demanded a retraction from hbo over his portrayal in the drama “winning time the rise of the lakers dynasty” need to know starts early and is updated until the opening bell but sign up here to get it delivered once to your email box the emailed version will be sent out at about 730 am eastern want more for the day ahead sign up for the barron’s daily a morning briefing for investors including exclusive commentary from barron’s and marketwatch writers