Yields collapsing…
Time to buy a house?
At record lows, mortgage rates are still more than double 30-year yields.
This ratio has never been higher.
Last spike was during the worst of the ’08 meltdown.
Consumers being squeezed again ahead of a recession. pic.twitter.com/MuDWVZqinA
— Otavio (Tavi) Costa (@TaviCosta) March 2, 2020
US2Y yield is collapsing like it was 2007/2008
-20% right now pic.twitter.com/PMEVQb5y8L
— Alessio (@AlessioTMAD) March 3, 2020
https://twitter.com/NorthmanTrader/status/1234941923892383745
https://twitter.com/vol_christopher/status/1234937362263760897
Last 2 weeks, stocks ignored the severity of the outbreak.
Today, markets are clearly ignoring the lack of virus tests due to political reasons.
The selloff looks far from done.https://t.co/dRyalHNVDw
— Otavio (Tavi) Costa (@TaviCosta) March 3, 2020
The top 10 largest candle in terms of pervent change were all short squeezes in the bear market in 2008-2009 and 2002.
So, today is NOT short squeeze? or Yes, it is? https://t.co/TSEStscSMf
— Kerberos007 (@kerberos007) March 2, 2020
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