2021 shaping up to be a big year for CLO issuance… AMC sold three times more shares than movie tickets in Q2… SPX operating cash flow as a percent of market cap at the lowest level in two decades

2021 shaping up to be a big year for CLO issuance, per JPMorgan: pic.twitter.com/uZU0XDbGu2

— Tracy Alloway (@tracyalloway) August 10, 2021

"AMC Sold Three Times More Shares than Movie Tickets in Q2" t.co/F8jbRnJJ0R

ROFLMAO!

— Stanphyl Capital (@StanphylCap) August 10, 2021

SPX operating cash flow as a percent of market cap at the lowest level in two decades 👇 But remember, this time it’s different. Ht @MorganStanley pic.twitter.com/MmwiYy6y4v

— M. A. Arouet (@MichaelAArouet) August 10, 2021

The technical definition of inflation is the rate of change in prices.

What the Idiocracy doesn't understand is that on an absolute basis, prices are the same as pre-pandemic.

Sadly, no one is going to tell them.

This is the key level that initiated global deflation in 2018. pic.twitter.com/IiEIFfoUoa

— Mac10 (@SuburbanDrone) August 9, 2021

SPACs pic.twitter.com/PxpOQaPgbA

— Win Smart, CFA (@WinfieldSmart) August 9, 2021

Hedge funds got crushed on their shorts which soared in H1, and they also lost money on their longs. Aside from that, fundamentals rule pic.twitter.com/dZu5gTIGnW

— zerohedge (@zerohedge) August 10, 2021

Market May Be in the ‘Biggest Bubble of My Career,’ All-Star Investor Warns

Richard Bernstein, who runs Richard Bernstein Advisors, sees rising interest rates as kryptonite for assets from Big Tech to bitcoin to long-term bonds.

The ‘Buy Now, Pay Later’ Trend Could Be the Next Hidden Source of Consumer Debt, Analysts Warn

“Buy now, pay later” options used by consumers for online purchases are becoming increasingly popular, but analysts warn of default risks.