The market is overbought heading into ANOTHER Fed rate hike, while the Fed takes liquidity down to ZERO. Today’s investors are not thinking about what could go wrong, only about what could go right…

by BoatSurfer600

"Earnings don't move the overall market; it's the Federal Reserve Board. Focus on the central banks, and focus on the movement of liquidity. Most people in the market are looking for earnings and conventional measures. It's liquidity that moves markets"

— Stanley Druckenmiller

— Charlie Munger Fans (@CharlieMunger00) January 26, 2023

https://twitter.com/WifeyAlpha/status/1618615629925470208

Goldman Sachs CFO: the bank is seeing early signs of consumer credit deterioration.

— unusual_whales (@unusual_whales) January 25, 2023

Things people think we're going to get simultaneously:

1) Soft landing

2) Pivot

3) Melt-up

Something doesn't quite fit.

— Markets & Mayhem (@Mayhem4Markets) January 26, 2023

Yikes. BofA’s call is about as bearish as I’ve seen on jobs ☠️💀😳

Got bonds?https://t.co/u9Dh9O5H7L

— QE Infinity (@StealthQE4) January 25, 2023

Hedge funds are now net long stocks for the first time since the first half of 2022 … 👀 pic.twitter.com/XegdcSEPs7

— Markets & Mayhem (@Mayhem4Markets) January 26, 2023

🇺🇸 Weak underlying Q4 GDP with inventories and government spending behind 3/4 of it. Also, data published during January pushed my leading GDP indicator deeper into recession.

Tread carefully in this short squeeze… pic.twitter.com/x14zGRC68t

— Mikael Sarwe (@MikaelSarwe) January 26, 2023