by silvertomars
https://twitter.com/NorthmanTrader/status/1572208495381839873
U.S. 2-YEAR TREASURY YIELD HITS HIGHEST SINCE NOVEMBER 2007 AT 3.973%, UP 3 BPS ON DAY
— *Walter Bloomberg (@DeItaone) September 20, 2022
How far will the Fed go? Expectations for the terminal rate have climbed to 4.4%, after which the market would anticipate five rate cuts, back to what is likely considered the neutral rate (at least according to the Fed’s own dot plot). But it's a constantly moving target. pic.twitter.com/RM3KXxDbxd
— Jurrien Timmer (@TimmerFidelity) September 19, 2022
https://twitter.com/MFHoz/status/1571929015153459200
US BUILDING PERMITS CRASH IN AUGUST — YET ANOTHER INDICATOR OF THE COMING CRASH
S&P plotted the US PMI corporate earnings trends against the %change in EPS vs the last two quarters.
This is such an interesting chart because it shows quite clearly how activity data (yellow) matters for corporate earnings data (blue). pic.twitter.com/RZJ9Q6xE6N
— Ayesha Tariq, CFA (@AyeshaTariq) September 20, 2022
JPMorgan, $JPM, CEO Dimon: increased bank capital requirements are turning into a major economic danger.
— unusual_whales (@unusual_whales) September 20, 2022
What is priced in right now:
+75bps tomorrow;
+75bps in Nov,
+50bps in Dec.
-> 4.49% in March pic.twitter.com/G28WSGnz3A— zerohedge (@zerohedge) September 20, 2022
Our ‘overvalued less undervalued’ model (i.e. the proportion of stocks over 30 less under 10) is close to -2 std deviations (once again, at levels, usually only seen at bear market lows). pic.twitter.com/ht1iGwatMu
— Longview Economics (@Lvieweconomics) September 20, 2022