https://twitter.com/WifeyAlpha/status/1557262185767763969
https://twitter.com/RJRCapital/status/1557418208226934788
money flow
yesterday nasdaq closed -1% = -3B flows
today up +2.50% = for now flows -1.5Byou can closely watch the price action, the market is illiquid
— Alessio (@AlessioTMAD) August 10, 2022
Biden on mainstream media telling inflation was 0% spreading propaganda
Incredible
— Alessio (@AlessioTMAD) August 10, 2022
https://twitter.com/NorthmanTrader/status/1557435553733304321
— Roy (@Roy64061493) August 10, 2022
The divergence between the $qqq and the $tip is getting to be uncomfortable wide. The reversion will be painful. pic.twitter.com/uCCzILhyoN
— Michael J. Kramer (@MichaelMOTTCM) August 10, 2022
buy now default later used by rich people https://t.co/7NB3349YbO
— Alessio (@AlessioTMAD) August 10, 2022
KASHKARI: THE RISK OF RECESSION WOULD NOT DETER ME FROM DOING WHAT'S NEEDED
— *Walter Bloomberg (@DeItaone) August 10, 2022
Evans says the Fed will increase rates for the rest of the year and into 2023
— Market Rebellion (@MarketRebels) August 10, 2022
Bonds turn red.. the market is overreacting on a miscalculation by the BLS on Core CPI.. made on purpose for biden..shameful
Chinese do it better
— Alessio (@AlessioTMAD) August 10, 2022
After Lehmann collapsed & the markets went into meltdown in 2008 it took a year for U.S Core CPI to drop by 1.0% (2.5% to 1.5%).
Today Core CPI is 5.9% & the Cleveland Fed model is tipping that to rise to 6.4%.
If the GFC didnt kill core inflation quickly, why would events now?
— Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) August 10, 2022
The headline #inflation data today moderated a bit on the back of falling #gasoline prices, but it’s still running at a worryingly high rate.
— Rick Rieder (@RickRieder) August 10, 2022
KASHKARI: WE MAY BE IN A RECESSION IN THE NEAR FUTURE
— *Walter Bloomberg (@DeItaone) August 10, 2022
KASHKARI: THIS DOESN'T CHANGE MY RATE HIKE PATH, EXPECTING 3.9% END OF THIS YEAR 4.4% END OF NEXT YEAR
— *Walter Bloomberg (@DeItaone) August 10, 2022
Bloomberg’s Caroline Hyde: “Food prices soaring, climbing 10.9% from a year earlier, biggest increase since 1979.”
"Essentials…posting record year-over-year rises." pic.twitter.com/5jbrLm7Qi8
— RNC Research (@RNCResearch) August 10, 2022
China’s $203B property market continues to hurt offshore bond investors. pic.twitter.com/zqHqfaF2EI
— Ayesha Tariq, CFA (@AyeshaTariq) August 10, 2022
https://twitter.com/WifeyAlpha/status/1557458425109422090
Emerging Market Debt Crisis: It’s at Least Worth Contemplating How Close We Are to the Crisis Peak
The following chart, via Acemaxx Analytics, shows that the number of emerging market countries in debt restructurings and/or defaults has exceeded the number during the Global Financial Crisis.
Egg Prices in US Jump 47% as Food Inflation Hits Highs Not Seen Since 1979
Inflation is wreaking havoc on breakfast, with egg prices at grocery stores soaring a whopping 47% in July over last year, according to retail analytics firm Information Resources Inc.
$15 French Fries and $18 Sandwiches: Inflation Hits New York
Mr. Rabin and the bar’s managers had a monthslong debate about whether to raise alcohol prices by $1 and charge $20 per cocktail, a threshold that Mr. Rabin had long resisted.
The ‘Wage-Price’ Spiral Is a Symptom of Inflation, Not the Cause
It is true that in a tight labor market businesses have to compete keenly for workers. But it is not true that they can do so simply by offering higher wages and passing the cost onto consumers.
FITCH SAYS GLOBAL SEMICONDUCTOR MANUFACTURERS FACE HEIGHTENED REVENUE AND CASH FLOW VOLATILITY FROM SUPPLY CHAIN RECONFIGURATIONS
— First Squawk (@FirstSquawk) August 10, 2022
$TSLA TESLA INSIDER BUYING / SELLING OVER THE LAST YEAR pic.twitter.com/fRqgWxpjr4
— GURGAVIN (@gurgavin) August 10, 2022