“The S&P 500 has seemingly gone ‘all in’ on the soft landing playbook. Yet, this is incompatible with a chronically inverted Treasury curve, historically weak money growth, and sustained weakness in other leading indicators…We would hedge long equity exposure here:” MKM’s Darda
— Lisa Abramowicz (@lisaabramowicz1) January 31, 2023
BREAKING: JOLTS comes in at 11M vs 10.28M expected.
Not what the FOMC wants to see. At all. Far too many jobs available.
ISM comes out, showing new orders collapsed in January. So much for a soft landing.
— Markets & Mayhem (@Mayhem4Markets) February 1, 2023
ISM Manufacturing New Orders.
But by all means let's keep raising rates. pic.twitter.com/lHZjK4tWJ1
— Sven Henrich (@NorthmanTrader) February 1, 2023
https://twitter.com/David_Tracey/status/1620611457384878082
U.S ISM MANUFACTURING PMI (JAN) ACTUAL: 47.4 VS 48.4 PREVIOUS; EST 48.0
U.S JOLTS JOB OPENINGS (DEC) ACTUAL: 11012K VS 10458K PREVIOUS; EST 10300K
U.S CONSTRUCTION SPENDING (MOM) (DEC) ACTUAL: -0.4% VS 0.2% PREVIOUS; EST 0.0%
— First Squawk (@FirstSquawk) February 1, 2023
US Manufacturing Surveys Signal Accelerating Stagflation In January https://t.co/3gJ2VNp3Ds
— zerohedge (@zerohedge) February 1, 2023
U.S. 🇺🇲 CREDIT DEFAULT
PROTECTION 😳👇 pic.twitter.com/kITEPz65gi— Win Smart, CFA (@WinfieldSmart) February 1, 2023