Woah, credit default swaps for Credit Suisse going absolutely vertical.
Insurance against the default of the $14b bank are approaching levels not seen since the Great Financial Crises. pic.twitter.com/FWaJtxqKSv
— Dylan LeClair (@DylanLeClair) July 6, 2022
I’d say so! Where the ISM goes, so goes negative earnings revisions. #macro #earnings $SPY $QQQ https://t.co/AYRilS25cu pic.twitter.com/i9QxeTLPvN
— Kantro (@MichaelKantro) July 6, 2022
At this level in 2018, the Fed stopped rate hikes. Today's minutes reiterated the need for massive rate hikes.
RISK IS BINARY. pic.twitter.com/qjgpxWLFe3
— Mac10 (@SuburbanDrone) July 6, 2022
https://twitter.com/WallStreetSilv/status/1544848673019834370
Market implied probablity of recession. Via Fidelity. pic.twitter.com/jr3lV5ls6v
— Daniel Lacalle (@dlacalle_IA) July 7, 2022
Manhattan apartment sales fall 30% in June, prices remain high – for now
"The unemployment rate is so low, how can there possibly be a recession coming?"
How indeed. pic.twitter.com/dBxOrRjcei
— Sven Henrich (@NorthmanTrader) July 7, 2022