Typically when the Fed hikes rates it’s 25 bps at a time in a strong economy.
Now we have:
1. 50-75 bps rate hikes
2. 70% of tech stocks in a bear market
3. $SPX in a correction
4. 40-year high inflation
5. Worst war since WW2
Is “soft landing” the Fed’s worst call ever?
— The Kobeissi Letter (@KobeissiLetter) April 24, 2022
Most global rate hikes since 2008:https://t.co/ltuNXQpGrh
Highest inflation since 2008
Biggest housing bubble since 2008
Biggest recession stock rally since 2008
Most institutional selling since 2008
Biggest Fed policy error since 2008
It all points to a soft landing. pic.twitter.com/wWxwtET5k3
— Mac10 (@SuburbanDrone) April 25, 2022
#Recession #warnings are rising which could limit the #Feds #inflation fight.
Besides the yield curve, other indicators are suggesting the economy is at #risk. https://t.co/Dilzo2NMTi— Lance Roberts (@LanceRoberts) April 25, 2022
Friday was the highest total put/call ratio since March 2020.
The first signs of fear.
As fear escalates, vol will spike and then the robo deleveraging will begin.
What I call SYSTEM TEST. pic.twitter.com/t5i1u73dhm
— Mac10 (@SuburbanDrone) April 25, 2022
https://twitter.com/David_Schro/status/1518566156264685568
#ES_F $SPX $SPY – Back pressuring that 'Neckline'… pic.twitter.com/egCGKCPY7I
— Sahara (@SaharasCharts) April 25, 2022
https://twitter.com/WallStreetSilv/status/1518014005612359680
Expect More Stock Market Pain Because It’s Coming
Today feels bad for bulls but it is not even a down payment on what’s coming.
Bond Danger Builds With Fed Set to Break From Its Cautious Past
The bond market, St. Louis Fed President James Bullard said on Thursday, “is not looking like a very safe place to be.” Few investors would argue with that — except, perhaps, to call it an understatement.