https://twitter.com/OccupyWisdom/status/1064723223969959936
wow – credit markets about to blow up? send stocks lower? pic.twitter.com/nqVvCmtBwj
— Alastair (@StockBoardAsset) November 20, 2018
Number1 $AMZN…another Burst💥 -31%🔻@hks55 @OccupyWisdom
Long way to run pic.twitter.com/8MgfCGxGbq— Antonio Pérez-Algás (@apanalis) November 20, 2018
https://twitter.com/OccupyWisdom/status/1064879801830379521
Larry Kudlow said the current economic boom will continue indefinitely and there is no end in sight. It's not a boom it's a bubble, and its already popped. Kudlow was clueless about the smaller bubble before it popped in 2008, and was almost as bullish on the economy then as now!
— Peter Schiff (@PeterSchiff) November 20, 2018
if you own real estate – you do not want to look at this chart pic.twitter.com/w5ADlwcdV9
— Alastair (@StockBoardAsset) November 19, 2018
Credit Set for Worst Year Since 2008 as Crashes Roil Markethttps://t.co/JgjP8BhkVj @tasosvos#Debt #loans #funds @DiMartinoBooth @ennovance @lcdnews #buybacks #leveragedloans pic.twitter.com/V8xnoZVgYk
— Mo Hossain (@MoHossain) November 20, 2018
Deutsche Bank's decline continues apace. Shares slump to record low just above €8, down 25% in two months. Look where they were pre-GFC in May 2007 … over €90. They've lost over 90% of their value since then. pic.twitter.com/1ZYho6tjGt
— Jamie McGeever (@ReutersJamie) November 20, 2018
https://twitter.com/andreascseh/status/1064786243622330370
Bond Watch: “If GE Debt Gets Junked, Markets Have Reason to Shudder”
“Holders of GE bonds are preparing for one of the world’s biggest borrowers to be downgraded to junk. To get a sense of what that might do to the markets, take a look back to the turmoil caused by the 2005 downgrades of General Motors and Ford—but worry that this time it might be worse.”
Ray Dalio: “It’s Just Like the 1930s for Investors Right Now”
“Dalio compared the current era of investing to that of the 1930s. Back then, the U.S. was also in the late stages of a business cycle with populist politics and tons of debt swirling around.”