In late 2007, the Fed and major US banks were predicting a soft landing. pic.twitter.com/o94TVxmLnC
— Alf (@MacroAlf) January 29, 2023
IMF, Wall Street, FOMC and regional Fed were all on the same page Albert.
''Soft landing ahead''.
It did land, but not softly my friend 🙂
— Alf (@MacroAlf) January 30, 2023
Hedge funds have the biggest net short position on US treasuries ahead of the FED meeting.
They bet yields will bounce. pic.twitter.com/g5R4WVl5HG
— Alessio (@AlessioTMAD) January 30, 2023
We are now witnessing the largest ever “fight the Fed” movement.
Despite multiple Fed statements saying higher rates for longer, markets are betting on the opposite.
Current expectations are that the Fed pivots and peak inflation is in.
What happens if CPI begins rising again?
— The Kobeissi Letter (@KobeissiLetter) January 30, 2023
Agreed – wrote about the big week myself.
Should confirm/reject the recent direction and momentum on this largely technical driven rally.https://t.co/tax0QXn5tr
— Blake B. Millard, CFA (@BlakeMillardCFA) January 28, 2023
Rents are up 100% since the morons decided to print $10 trillion and give 80% of that to the 1%. COVID bailouts were a crime against humanity as were the lockdowns.
— Don Johnson (@DonMiami3) January 30, 2023
Be careful fighting the #rally, while there are many valid reasons to be #bearish, there is a Sh!tload of #cash in money market funds. pic.twitter.com/Pws8RAntS2
— Lance Roberts (@LanceRoberts) January 30, 2023
Stock Market in December: Carvana is going bankrupt and the car market bubble popped.
Stock Market 30 Days Later: Carvana stock, $CVNA, is up 100% in 30 days and the car market has bottomed.
We went from fears of a full on recession to complete bullish mode in a matter of days.
— The Kobeissi Letter (@KobeissiLetter) January 30, 2023
In the past 30 days:
Buzzfeed is up 500%. Carvana is up 100%. Fubo is up 50%. Nikola is up 25%. Carnival Cruise Line is up 50%.
If this doesn't concern you, you're not paying attention.
— Joseph Carlson (@joecarlsonshow) January 28, 2023
Despite all the hawkish Fed speeches, rate hikes and QT financial conditions have done nothing but ease since October.
Financial conditions are now looser than before the Fed started raising rates in earnest.The Fed has a problem. pic.twitter.com/ilgyEDph6k
— Sven Henrich (@NorthmanTrader) January 30, 2023
At some point this breaks. You have all seen this hockey stick chart pattern many times before. We all know it can't continue forever.
When it happens to the US govt and the US Dollar … you are going to wish you owned a lot more #gold and #silver. pic.twitter.com/4JssREHMDE
— Wall Street Mav (@WallStreetMav) January 30, 2023