We now have a market where the Fed is raising rates into a recession and wants a spike in unemployment.
Markets are literally hoping for a recession to bring lower rates.
The bull case has become a recession when that used to be investors’ biggest fear.
How did we end up here?
— The Kobeissi Letter (@KobeissiLetter) January 30, 2023
https://twitter.com/RetirementRight/status/1619940359215382529
Uncle Jerome Powell and Fed policy right now is basically …@alifarhat79 😢 pic.twitter.com/7ncsIPHRsg
— Wall Street Mav (@WallStreetMav) January 30, 2023
🇸🇪 Sweden in recession according to Q4 GDP. Two points to make:
1) It will get much worse
2) I view Sweden as a canary in the global coal mine pic.twitter.com/VtU1yaJlW9— Mikael Sarwe (@MikaelSarwe) January 30, 2023