Good Morning Everyone! Institutional investors have been dumping stocks for the last 12 months. You have to ask yourself some serious questions when you see this. pic.twitter.com/y7vbM9J7q4
— Genevieve Roch-Decter, CFA (@GRDecter) May 16, 2023
M2 money supply has only fallen like this 4 times previously.
Only the Great Depression was worse than now.
🔊
— Wall Street Mav (@WallStreetMav) May 16, 2023
Another sign an #economic #slowdown is accelerating is the sharp decline in the #AtlantaFed #wage growth tracker. pic.twitter.com/wZUOSLUwlE
— Lance Roberts (@LanceRoberts) May 16, 2023
Inflation numbers are underreported.
People are struggling.
We are already in a recession.
🚨 🚨 🚨What do you think? pic.twitter.com/1qSPNo7oWR
— Wall Street Mav (@WallStreetMav) May 16, 2023
US retail sales increased 0.5% over the last year, the lowest growth rate since May 2020 & well below the historical average of 4.8%. After adjusting for inflation, though, the story is far worse. Real retail sales fell 4.2% over the last year, the 6th consecutive YoY decline. pic.twitter.com/pWFvh6g3fp
— Charlie Bilello (@charliebilello) May 16, 2023