The FED says you need a recession to lower inflation which is true
You need increasing unemployment hence demand destruction.. given the amount of debt on credit cards, once jobless claims start to rise.. brace yourself for delinquencies. pic.twitter.com/d3fDJ1WVKx
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) November 16, 2022
Retail sales beat estimates.. guess which is the end of this once unemployment starts to rise. pic.twitter.com/6qohtNEuBa
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) November 16, 2022
The U.S. is forecast to enter a recession in the coming 12 months as the Federal Reserve battles to bring down persistently high inflation, the economy contracts and employers cut jobs in response, according to The Wall Street Journal’s latest survey of economists.
— unusual_whales (@unusual_whales) November 17, 2022
The deflation rotation has begun. pic.twitter.com/4alhe5UG6B
— Mac10 (@SuburbanDrone) November 16, 2022
Same people calling for a melt up or new bull market will soon be calling for a crash.
That’s how powerful investor psychology is.
Plenty of new suckers to liquidate.
— HOZ (@MFHoz) November 16, 2022
Those who are pounding the table constantly on Fed pivot should know that when the Fed pivoted in Y2K, the Nasdaq lost most of its value.
And when they pivoted in 2007, the housing bubble imploded.
Today's bulls are all waiting for the melt-up to begin. pic.twitter.com/xrpAK32XZ8
— Mac10 (@SuburbanDrone) November 16, 2022
$SPY
Darkpool dataDoesn't look like big boys are loading up pic.twitter.com/Dh1RztOc2q
— HOZ (@MFHoz) November 15, 2022
Target warns.
Again. pic.twitter.com/aOdcnVfNWk
— Mac10 (@SuburbanDrone) November 16, 2022
*TARGET FORECASTS DROP IN HOLIDAY SALES
Utility bills will surge along with fuel prices
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) November 16, 2022
September margin accounts data disappointing despite +2.6% Q3 real GDP growth. Chart rhymes with record YC inversion of now 67bps. pic.twitter.com/5BWEpYfNtV
— Ilia Sakowski, MBA (@IliaSakowski) November 16, 2022
US Homebuilder Confidence Collapses In October, Future Sales Hope Hits Decade-Lows
It appears delusion and hope can only last so long – even when one’s salary depends on it – as US homebuilder confidence crashed to COVID lockdown lows in November after refusing to see what everyone else was seeing more months.. and what homebuyers were clearly feeling as prices soared along with mortgage rates and devastated affordability for most Americans.
Those Age 65+ Constitute 81% of the Working Age Population Increase In the last 3 Years
The Civilian Noninstitutional Population is defined as persons 16 years of age and older residing in the 50 states and the District of Columbia, who are not inmates of institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.