US breakevens are at the highest level in 2 decades. So we have rising risk of inflation and further dent in economic growth. CBs job has now become impossible. Stagflation is now a real case @AlessioUrban pic.twitter.com/OfelpmY8h9
— Gianluca (@Theimmigrant84) February 24, 2022
Stagflationary Shock May Be Next Risk for Plunging Stock Markets
For equity markets, rising inflation was already a big concern. Russia’s attack on Ukraine means those worries just got a whole lot bigger.
*The Fed’s reverse repo is now at $1.75T – Indicating a severe dearth of investment + glut of savings in system (unbalanced)
Note that this reverse repo’s effectively been a taper (ie all the QE $ the Fed sent to banks over last 16mo has been sent right back to Fed = nullified) pic.twitter.com/wmIzcshmRp
— Adem Tumerkan (@RadicalAdem) February 24, 2022
50 bps at March meeting coming off the table almost as fast as it went on. pic.twitter.com/gsksLdCOtF
— Bespoke (@bespokeinvest) February 24, 2022
Nomura Warns: Soaring "Stagflation Tail" Problematic For Extreme Bond Positioning t.co/u4shtk0CP5
— zerohedge (@zerohedge) February 24, 2022
''it's over'' pic.twitter.com/maQ3fbtvfI
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) February 24, 2022
This entire market is a crime in progress.
Those who are not disgusted by today's level of criminality will be the final bagholders. pic.twitter.com/vP66Ntxmka
— Mac10 (@SuburbanDrone) February 24, 2022
The ECB needs to launch a new QE pic.twitter.com/ZvFBdsqV84
— Amit Noam Tal (@amital13) February 24, 2022
apparently grocery stores are responsible for both inflation and the crisis in Ukraine pic.twitter.com/yqbweWYQp1
— StockCats (@StockCats) February 23, 2022
Oil Soars to $105 as Russia Attacks Targets Across Ukraine
Oil surged above $105 a barrel for the first time since 2014 as Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.
Gold Marks Highest Finish in More Than a Year: MW
Gold futures climbed on Wednesday, amid the Russia-Ukraine crisis, which lifted values to the highest finish in more than a year.