A Second Bear Market Leg Down?
Position Risk-off. Global Liquidity crashing at fastest since 2008
USD expected to strengthen 5-10% :may prove a headwind for EM
act@liquidity.com for reports #risk off pic.twitter.com/Z8LpVLaAXg— CrossBorder Capital (@crossbordercap) November 19, 2018
“Since 2009, the reported EPS of corporations has increased by 391%. This is the sharpest post-recession rise in reported EPS in history. However, the increase in earnings did not come from a commensurate increase in revenue which has only grown by a marginal 44%” t.co/nQoq9RNln1
— Gratke Wealth, LLC (@GratkeWealth) November 19, 2018
Ooops. US housing & real estate data have never disappointed this much before… (on data since January 2000) $USD pic.twitter.com/js3gaEjOTv
— Martin Enlund 🦆🚁 (@enlundm) November 19, 2018
The Fed's forecast tonight drops ITB and XHB
The real estate market VS S&P500
Looks very bad for the market#itb #xhb #RealEstate #Crashing pic.twitter.com/NiWh0MqyCH— Amit Noam Tal (@amital13) November 15, 2018
Here’s Morgan Stanley’s chart showing how central bank balance sheets are now contracting fairly quickly (albeit from a huge bloated base). pic.twitter.com/3sMHN6uWt7
— Robin Wigglesworth (@RobinWigg) November 19, 2018
In case you missed it: US household debt rose to fresh high of $13.5tn in Q3 due to rise in student, auto & credit card loans and mortgages. But when measured by payability, apart from student loans, things don't look quite so bad. Debt to GDP has dropped to 67% from 87% in 2009. pic.twitter.com/UJcefKYV8L
— Holger Zschaepitz (@Schuldensuehner) November 19, 2018
If You Build It…Home Builder Confidence Falls Off of a 4-Year Cliff
“The many headwinds that have been dogging the industry finally showed up in this report. Labor is still expensive, lots are still scarce, lumber is at the mercy of tariff politics, and now, mortgage rates are rising and customers are holding back.”
GOLDMAN Warning: Economy will slow to crawl…
Hedge-fund boss who predicted ’87 crash says get ready for some ‘really scary moments’…
Turbulent market spooks older workers, retirees…