Clearly a forced liquidation going on and appears likely that someone like @GoldmanSachs is doing to buying
— mcm-ct.com (@mcm_ct) December 24, 2018
SP500 now within 1% of entering stock market #crash mode
— Keith McCullough (@KeithMcCullough) December 24, 2018
If you blame #Powell for this, you are only looking for an easy -and wrong- scapegoat.
This is the picture of 2018. Hangover of debt saturation:
– Markets down
– Spreads up
– Commodities disinflation
– Financial repression.Blame the ten previous years of monetary excess. pic.twitter.com/RiJzCunEMw
— Daniel Lacalle (@dlacalle_IA) December 24, 2018
Violent meltdowns happen because of wasting money on buybacks, bad M&A deals, excessive leverage, collapsing productivity all brought about trying to pump your stock price rather than running the business. Also, Fed doing monetary policy to pump stocks too https://t.co/YYF76DbJRP
— GreekFire23 (@GreekFire23) December 24, 2018
VIX remained >40 for about 8 months in 2008. This isn’t even a full flood tide in terms of implied or realized boos yet.
— Keyser Soze (@KeyserSozeBro1) December 24, 2018
$TSLA hitting 200’s intraday @elonmusk margin call coming in mid $200s pic.twitter.com/bjFFwp4sQQ
— mcm-ct.com (@mcm_ct) December 24, 2018
Ouch! US stocks hit 19mth low as DC tumult weighs. Mnuchin, who called bank CEOs to check liquidity, adds to the gloom. https://t.co/xITMnnLv8C pic.twitter.com/yW0NsouxXu
— Holger Zschaepitz (@Schuldensuehner) December 24, 2018
December, 2018 $SPX traded at
2800
2700
2600
2500
2400
WOW— StockCats (@StockCats) December 24, 2018
Recession Fears Stoked as Oil Price Continues to Decline, WTI Crude Now Below $45
“Major benchmarks for crude oil prices have lost about 40 percent of their value in just under three months. Analysts now see signs of weakening global demand growth as the fuel for continued selling in the oil market.”
“The Worst Is Yet to Come”: Preparing for the Bear Market Ahead
“I think the worst is yet to come next year, we’re still in the first half of a global equity bear market with more to come next year,’ said Mark Jolley, global strategist at CCB International Securities.”
Strategist: The ‘worst is yet to come’ for the markets from CNBC.