equity outflows continue pic.twitter.com/QVOHjfHp80
— Alastair Williamson (@StockBoardAsset) July 10, 2020
Global industrial stocks are sprinting back to the lows in relative terms. At these lvls, industrials are telling you that ISM New Orders are way too high. This return to expansion should be a brief one. Bond yields are telling you exactly the same thing. #Gravity pic.twitter.com/7t6qZxAMzD
— Julien Bittel, CFA (@BittelJulien) July 10, 2020
Another record.
Largest weekly decline in Fed’s assets in over a decade.
$248B of liquidity withdraw in the last 4 weeks.
Powell has unlimited QE power but it’s also painted into a corner:
1) Keep on printing and have gold surge.
Or
2) Stop and let the markets collapse. pic.twitter.com/lV5GiLd0gV
— Otavio (Tavi) Costa (@TaviCosta) July 9, 2020
US industrials not buying “the V”. pic.twitter.com/Y5GRGXBhdX
— Julien Bittel, CFA (@BittelJulien) July 8, 2020
Plunge In Consumer Credit Continues As Americans Repay Record Amounts Of Credit Card Debt https://t.co/zU3BeXaaka
— zerohedge (@zerohedge) July 8, 2020
LONG BOND: UST 10yr Yield collapses to 0.58% as the non-V-shaped US #recession continues pic.twitter.com/yxipT90fLX
— Keith McCullough (@KeithMcCullough) July 10, 2020