The most famous bear in modern history capitulates.
And "Everyone is bearish". pic.twitter.com/pVjDkT1MGy
— Mac10 (@SuburbanDrone) March 30, 2023
Michael ‘Big Short’ Burry Admits “I Was Wrong To Sell”
https://twitter.com/MFHoz/status/1641495099073781776
2/2
… and someone tell the other 492 stocks in the S&P 500 as they are collectively down on the year.
Eight stocks are keeping the YTD gains in the S&P 500 positive. pic.twitter.com/n1HSnvPZe0
— Jim Bianco (@biancoresearch) March 30, 2023
FED'S COLLINS: TO HELP REDUCE EXCESSIVE INFLATION, THE FED WILL HAVE TO RAISE RATES AGAIN.
— FinancialJuice (@financialjuice) March 30, 2023
"The S&P 500 is in the first decile of historical returns, and it has been 12 months since the first Fed rate hike. Are we near an inflection point?" – @soberlook pic.twitter.com/FDMOQ9rEJd
— Lance Roberts (@LanceRoberts) March 30, 2023
Since 2008, bulls relied entirely upon just-in-time Fed bailout.
Now, their financial survival is 100% dependent upon "too big to fail".
Sad. But true. pic.twitter.com/JPeluYcRFs
— Mac10 (@SuburbanDrone) March 30, 2023
Cash flow from Blackstone portfolio no longer covers debt payments: Moody’s https://t.co/fg5ahJMqAU
— Richard Christopher Whalen (@rcwhalen) March 30, 2023
Consensus expectations are for a sharp improvement in #earnings with Q1 being the trough.
While #economic indicators suggest further weakness, analysts are betting on #NoRecession.
h/t @ISABELNET_SA pic.twitter.com/1LtBYfz8Ln— Lance Roberts (@LanceRoberts) March 30, 2023