GLOBAL MARGIN-CALL IMMINENT

Chinese property developer #CIFI Holdings see massive sell-off on media reports of missed debt payment. pic.twitter.com/NwsIRBnSvK

— Cathy Yuan Zhang (@CathyYuanZhang) September 28, 2022

GLOBAL MARGIN-CALL$AAPL signals a “whoops” on demand.
I have never seen anything like this on a Global scale in 22 yrs in the chair.

— Michael Taylor (@Mike_Taylor1972) September 28, 2022

*APPLE DITCHES IPHONE PRODUCTION INCREASE AFTER DEMAND FALLS $AAPL

🩸🩸🩸🩸

— GURGAVIN (@gurgavin) September 28, 2022

The UK Pension margin call has been on the radar and in the press. https://t.co/EwCKvPwsHg

— Macro Mishegas (@MattGarrett3) September 28, 2022

https://twitter.com/MFHoz/status/1574874386934689793
https://twitter.com/leadlagreport/status/1575080101116784645

Good Morning from Germany, where consumers are in depressed mood as disposable incomes fall. GfK German Consumer Confidence slumps to -42.5 in Oct vs -39 expected. Income expectations component plunged by 22.4 points to record low of -67.7, implying reduction in consumer spending pic.twitter.com/b0hfH9jmeD

— Holger Zschaepitz (@Schuldensuehner) September 28, 2022

You can't hide in investment grade Corporates

Duration hit 💥
Spread hit 💥 pic.twitter.com/dpfYnuccD9

— Win Smart, CFA (@WinfieldSmart) September 28, 2022

#HangSeng Index hit 11-year low.
Hang Seng China Enterprises Index hit 14-year low.
Metal companies, property developers and automakers are slumping. pic.twitter.com/jW4vu9MKIX

— Cathy Yuan Zhang (@CathyYuanZhang) September 28, 2022

🌎 I'm sure that central bankers don't realize the size of ongoing wealth destruction shock.
*Too busy to focus on lagging indicators. pic.twitter.com/S9BicqVlQe

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) September 28, 2022

https://t.co/dOwzEV9JHz

— Win Smart, CFA (@WinfieldSmart) September 28, 2022

How Far Could Stocks Fall?: Rickards

History shows that the Fed will overshoot. There won’t be any “soft landing.” That damage may help Powell get to his inflation target. But it will increase unemployment and destroy stock markets along the way. That’s if all goes according to plan. The actual scenario could be worse. Market investors are not ready for this. But you should be.