Let’s start 2023 with a liquidity crunch in credit markets

by BoatSurfer600

There’s no liquidity and something will pop.

Don’t worry though, plenty of time to pay higher taxes from another shit show courtesy of banks and failed regulators.

distress debt surges in US.. time to kill zombie companies pic.twitter.com/8k8VuDId8R

— Alessio (@AlessioTMAD) December 29, 2022

Bulls who believe that central banks are invincible and can permanently extend the business cycle, should be aware that they used to believe the same thing in Japan and China.

Also consider that those two countries haven't stopped easing since the pandemic began. pic.twitter.com/Y7bEQBt0eS

— Mac10 (@SuburbanDrone) December 30, 2022

Here is another contender:

Largest rate hikes in 40 years, inflation rose year over year.

Why? Because the Fed balance sheet is unchanged on the year.

Policy error on terminal scale. pic.twitter.com/Nw7ezLQwSk

— Mac10 (@SuburbanDrone) December 30, 2022

On the hunt for the bearish chart of the year.

This one is in contention, although I'm sure most people think it's bullish. pic.twitter.com/gM3OZ0vA73

— Mac10 (@SuburbanDrone) December 30, 2022