We've had an "All tech, all the time" market, one that got (quite frankly) ridiculous. Now the overloved, overhyped, overowned #FAANG stocks are falling, and "Safe Money" style stocks that I've been a huge fan of since Jan/Feb are outperforming $XLU $IYR $XLP $XLK.
— Mike Larson (@RealMikeLarson) August 17, 2018
Great analysis on Turkey by @elerianm: Turkey‘s crisis is not over: nobody ever recovered without swallowing a bitter IMF pill.
EU banks will/must use this temporary Lira relief to cut the contagion.
So far @elerianm is the only warning voice that the worst is yet to come… https://t.co/kiB3gj4WG0
— Russian Market (@runews) August 17, 2018
All Citi Economic Surprises indices are negative. pic.twitter.com/RoT92w6RD7
— MACRO OPS (@MacroOps) August 16, 2018
Global synchronized slowdown.
rotation out of momentum stocks — these are the heaviest weight on indexes that led the market for several yrs — not good. pic.twitter.com/epZMpzjjFg
— Alastair (@StockBoardAsset) August 17, 2018
https://twitter.com/RooseCapital/status/1030438992179806208
the big joke for me was a https://t.co/YgC3THcazD article that had a headline that said WMT and CSCO are proof that the economy is strong and that tax cuts are working…Puke shit crazy stuff.
— jml (@jmllubber) August 17, 2018
https://twitter.com/OccupyWisdom/status/1030308375165370368
What is so dangerous about this 3rd Bubble is that investors can be easily duped into thinking the GDP stats + corp earnings + 'leading indicators' – taken alone – are comparable to the 70/80/90/00's when the economy was NOT piling on debt 4:1 to achieve them. #DEBTMATTERS 👇 pic.twitter.com/3D7Xw5ZBtV
— M/1_LP (@MI_Investments) August 17, 2018
ECRI U.S. Weekly Leading Index edges down to 147.4, as the WLI growth rate slows further to 0.3%. #economy https://t.co/MtQ11WFIil pic.twitter.com/nHYDkCyLl2
— Economic Cycle Research Institute (ECRI) (@businesscycle) August 17, 2018
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