Consumers are resorting to credit to fill the gap between the cost of living and incomes. Economic growth will slow sharply. We are likely not far from something “breaking” in the market.

Not surprisingly, as #Government #checks ran out and #inflation went up, #consumers are resorting to #credit to fill the gap between the cost of living and #incomes.#Economic growth will slow sharply this year. pic.twitter.com/5fGYaYkw3d

— Lance Roberts (@LanceRoberts) April 8, 2022

We are likely not far from something "breaking" in the #market (probably on the #credit side).@RealInvAdvice @soberllook pic.twitter.com/DaVuO4fmSN

— Lance Roberts (@LanceRoberts) April 8, 2022

"Downgrade transports on waning demand and price dives… Given deteriorating demand outlooks and rapidly falling freight rates, we downgrade ratings on 9 of the 28 stocks in our coverage universe"

BofA

— Jonathan Ferro (@FerroTV) April 8, 2022

Bonds signal weakness ahead.

Vía @Hedgeyehttps://t.co/qpMcSgD8vt pic.twitter.com/ATVmkvsetP

— Daniel Lacalle Official Account (@dlacalle_IA) April 8, 2022

Fed Hikes priced pic.twitter.com/IOkoAIYmj3

— Win Smart, CFA (@WinfieldSmart) April 8, 2022

Simple chart of S&P, transports, homebuilders, banks and consumer discretionary. Draw your own conclusions. pic.twitter.com/9sJMRNzr5l

— PPG (@PPGMacro) April 8, 2022

GOLDMAN’S HATZIUS: I SEE A CHANCE THAT THE FED MAY NEED TO HIKE RATES PAST 4%.

— FinancialJuice (@financialjuice) April 8, 2022