Global Liquidity Collapses Again 10 Years After Lehman and The Great Financial Crisis

Global #Liquidity collapses again 10 years after #Lehman and the #GFC pic.twitter.com/FrWz6JvFiQ

— CrossBorder Capital/ GLIndexes (@crossbordercap) September 13, 2018

Asian GLI out now :
Asia Liquidity Index™ at 31.8 of range 0-100
Asia Policy-makers accumulate defensive USD forex
reserves
US dollar likely to strengthen 5-10%
China People’s Bank raises pace of liquidity injections
to 14.5% annualised rate act@liquidity.com for reports pic.twitter.com/Ndvs2tCvUL

— CrossBorder Capital/ GLIndexes (@crossbordercap) September 14, 2018

The Giant Sucking Sound …Global Liquidity fast disappearing… EM turmoil, flat yield curves, peaking risk appetite, weakening PMIs and skidding gold and copper prices. Who pulled out the plug? #jacksonhole #liquidity #federalreserve pic.twitter.com/rZDdSyldEn

— CrossBorder Capital/ GLIndexes (@crossbordercap) September 3, 2018

1-Year Treasury Yield…
Sep '09: 0.42%
Sep '10: 0.25%
Sep '11: 0.10%
Sep '12: 0.16%
Sep '13: 0.14%
Sep '14: 0.10%
Sep '15: 0.36%
Sep '16: 0.56%
Sep 17: 1.23%
Today: 2.56% pic.twitter.com/AcqNXy5f9J

— Win Smart, CFA (@WinfieldSmart) September 13, 2018

global slowdown pic.twitter.com/n7cmOZHe7i

— Alastair (@StockBoardAsset) September 13, 2018

Baltic Exchange Shipping Rates are warning that global trade under pressure. We feel a global growth shock could reprice developed world assets in 1H19 pic.twitter.com/D815h43VRH

— Alastair (@StockBoardAsset) September 13, 2018

Mortgage apps firmly negative YoY. #housingbust #housing pic.twitter.com/m9n1JS0SKk

— Greg (@GS_CapSF) September 13, 2018

A bear market may not begin tomorrow, but abundant late-cycle signals and the degree of rate increases still to come tells me that the risk-reward of owning equities is less and less favorable.

— Scott Minerd (@ScottMinerd) September 13, 2018

#VIX #SPX
we'll face a slowing growth from the next quarter…. pic.twitter.com/DOykExYAco

— Alessio (@AlessioTMAD) September 14, 2018

Let’s not forget the big macro story here:

China’s banking assets have grown exponentially to an unprecedented $39T size, close to 300% of GDP! Calling this a “manageable“ problem is completely ludicrous. Credit bubbles always burst. Stay tuned, Crescat letter coming out soon. pic.twitter.com/Rl5Gjhotbl

— Otavio (Tavi) Costa (@TaviCosta) September 13, 2018

how the Algos and Dark Pools have traded $SPY so far today. Dark pools sold INTO the highs at noon, and they sold this most recent rise back near the highs. pic.twitter.com/jAsYLWA7hh

— HFTAlert (@HFTAlert) September 13, 2018

institutions sell into rising prices, buy into declining prices because they need the liquidity.