Absurdity to a whole new level.
CEO confidence plunging and completely diverging from stocks.
The most since GFC!
Corporate leaders rapidly losing faith in the economy;
Yield curve inversions out the wazoo;
Debt imbalances everywhere;How can stocks be at record valuations? pic.twitter.com/jv8ud6kW55
— Otavio (Tavi) Costa (@TaviCosta) September 16, 2019
2. CITI: “It may be that slower growth is the best we can hope for ..” pic.twitter.com/lz8EJn3lJt
— Carl Quintanilla (@carlquintanilla) September 17, 2019
The industrial slowdown continues into September.t.co/12Fhw8idwG pic.twitter.com/eE1byRysZP
— Eric Basmajian (@EPBResearch) September 17, 2019
Virtually all categories of new orders are still slowing which suggests more IP weakness ahead. t.co/12Fhw8idwG pic.twitter.com/q49dADSMC9
— Eric Basmajian (@EPBResearch) September 17, 2019
Manufacturing production remains in contractiont.co/12Fhw8idwG pic.twitter.com/OAmJUjAdkI
— Eric Basmajian (@EPBResearch) September 17, 2019
Expected Capex fell sharply. pic.twitter.com/yaQP7UuMeH
— Eric Basmajian (@EPBResearch) September 16, 2019
The number of expected employees dropped pic.twitter.com/PEDVUqkU4q
— Eric Basmajian (@EPBResearch) September 16, 2019