Danger ahead?

Danger ahead?

The real #earnings #yield on the S&P 500 has turned negative, something that did not bode well historically.t.co/Ymgu7eUSdM

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— jeroen blokland (@jsblokland) May 31, 2021

The Bloomberg Commodity Index is at its highest level since 2015. pic.twitter.com/tH4FqVHkwn

— Lisa Abramowicz (@lisaabramowicz1) June 1, 2021

"Sell in May" 🤣 pic.twitter.com/ErWsyRkzHW

— Dereck Coatney (@DereckCoatney) May 31, 2021

Core PCE 🤯 pic.twitter.com/o2SS8wbjOL

— Win Smart, CFA (@WinfieldSmart) June 1, 2021

Hedge funds have started to cut their bets on commodities. Milder weather is raising the prospect of bigger harvests in U.S., an reducing demand for natgas. Oil markets expecting bigger supply. China is moving to contain high raw material prices. No supercycle again 👇 pic.twitter.com/8bd7yUOszt

— Gianluca (@Theimmigrant84) May 31, 2021

$8.5 MLN BET AGAINST $AMC 21K PUTS BOUGHT FRI STRIKE PRICE $15 SEPT EXP -CNBC keep the squeeze alive

— FXHedge (@Fxhedgers) June 1, 2021

Number of companies trading > 10x Sales 👇The 1999/2000 dotcom bubble looks cute in this chart. Does it always take a new generation of investors for madness to repeat itself? ht @jessefelder pic.twitter.com/hVnG0xI5su

— M. Arouet (@MichaelaArouet) May 31, 2021

Per PBOC, Chinese banks will need to hold 7% of their FX in reserve from June 15, an increase of 2ppc & first such hike since 2007 to will help liquidity management, effectively reduces supply of dollars & other currencies onshore — putting pressure on yuan to weaken.@business pic.twitter.com/BlQMc2fCDT

— Danielle DiMartino Booth (@DiMartinoBooth) June 1, 2021

Life is transitory. pic.twitter.com/xnHZxb5dMU

— Sven Henrich (@NorthmanTrader) June 1, 2021

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— M/I_Investments (@MI_Investments) June 1, 2021

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— Alastair Williamson (@StockBoardAsset) May 31, 2021

Keep printing Jay, keep printing. pic.twitter.com/k5nXwqRhdJ

— Sven Henrich (@NorthmanTrader) June 1, 2021

Iron ore and steel gonna rip t.co/5zne9FKvfc

— 𝕮𝖍𝖎 (@chigrl) June 1, 2021

April headline PCE #inflation much stronger at +3.6% y/y (highest since 2008) while core PCE’s jump (+3.1% y/y) was highest since 1992 pic.twitter.com/cOx2oNXehW

— Liz Ann Sonders (@LizAnnSonders) June 1, 2021

El-Erian Calls COVID ‘The Great Unequalizer,’ Warning the U.S. Is Much Less Stable Than Pre-pandemic

Allianz chief economic advisor Mohamed El-Erian answers some big questions about how the U.S. will get back to work. He calls the pandemic “the great unequalizer” and sees increased inequality in every institution he reviews. El-Erian warns this new distribution of …

Biden’s Proposed 39.6% Top Tax Rate Would Apply at These Income Levels

President Biden’s proposed 39.6% top marginal income tax rate would affect single and married filers with over $452,700 and $509,300 of income, respectively.

JPMorgan Says Big Investors Are Not Buying the Bitcoin Dip, Prices Could Fall Further

It’s been almost two weeks since the price of bitcoin took a dive to $30,000, but institutional investors have so far held off on buying the dip, according to JPMorgan research.

Inflation Bites Chunk out of Personal Income & Spending

Paying even more to get even less. Exactly what American consumers need the most in these trying times.