It seems like GE was better at calling the last two market tops than anyone paid to do it.

It seems like $GE was better at calling the last two market tops than anyone paid to do it.

As @NorthmanTrader said “you better hope this time is different”$SPX pic.twitter.com/6p3eNnUjfA

— OW (@OccupyWisdom) November 16, 2018

From an ATH in the #NYSE (broad index) in January 2018, to the low point in October, there was a decline over 14%

The venerable @OddStats ran some data

📉 Since 1965 this index had a 14% decline 12 times

📉 9/12 became #bearmarkets

📉 11/12 had at least an 18.5% decline pic.twitter.com/Q8neFEvO9p

— OW (@OccupyWisdom) November 16, 2018

More than likely Trump admin was briefed on this chart. IG Corporate Debt is the stress point right now. $GE could be the first domino to drop pic.twitter.com/MD8ydAPueR

— Alastair Williamson (@StockBoardAsset) November 16, 2018

The weakness in credit continues today, with credit-default swap indexes implying the highest relative yields for both investment-grade and high-yield bonds since late 2016. pic.twitter.com/M3MaLIxjsR

— Lisa Abramowicz (@lisaabramowicz1) November 16, 2018

Trump's continues to brag and take credit for a U.S. economy that he claims is "the best we have ever had," even as overwhelming evidence shows that the economy is rapidly slowing. This will make it easy for Democrats to blame him for the worst economy we ever had in 2020.

— Peter Schiff (@PeterSchiff) November 16, 2018

Goldman Sachs today warned of a potential "tail risk" at GE's finance arm. And right on cue, these floating-rate GE bonds due in 2023 that are tied to the finance unit tanked. t.co/JbLz77oMs7 pic.twitter.com/tyfkZClit1

— Lisa Abramowicz (@lisaabramowicz1) November 16, 2018

“India’s shadow-banking crisis: The world’s second most populous country has been flirting with a Lehman moment”

Article from the Nov 8th Economist: www.economist.com/business/2018/11/08/indias-banking-system-is-flirting-with-a-lehman-moment