The most worrying event happening right now is Credit Suisse, but it's basically receiving zero attention.
— Financelot (@FinanceLancelot) December 16, 2022
This is some real stuff
— Nishant Maheshwari (@nishant10a) December 16, 2022
GOLDMAN SACHS TO LAY OFF UP TO 4,000 PEOPLE – SEMAFOR.
— Breaking Market News ⚡️ (@financialjuice) December 16, 2022
Germany 2y yield highest since 2007 pic.twitter.com/82j10BReKV
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) December 16, 2022
Why would this be legal anywhere? pic.twitter.com/jTJcCNhH6y
— Markets & Mayhem (@Mayhem4Markets) December 16, 2022
And now the used car bubble is bursting. Banks holding the notes on the cars financed during 2020-2021 are royally screwed.
Seeing lots of cars below $20K selling for 7-10% below wholesale market value (also known as MMR).
— CarDealershipGuy (@GuyDealership) December 14, 2022
Fed economic projections published December 2021:
In 2022 the Fed funds rate will be less than 1% & GDP growth will be 4%.
In December 2022 the Fed funds rate is now 4.25% and 2022 GDP growth they now show is at 0.5%.
Why is anybody still listening to these people?
— Sven Henrich (@NorthmanTrader) December 16, 2022
Cramer warns investors that Powell won’t go easy on stocks: ‘The Fed is not your friend’