We now have a market where the Fed is raising rates into a recession and wants a spike in unemployment.
Markets are literally hoping for a recession to bring lower rates.
The bull case has become a recession when that used to be investors’ biggest fear.
How did we end up here?
— The Kobeissi Letter (@KobeissiLetter) January 30, 2023
Apparently the housing market is booming again. The narrative is "buy now and just refinance when the fed lowers rates this summer". They have truly lost the narrative
— Black Swan – founder of TradeHubble.com (@RetirementRight) January 30, 2023
Uncle Jerome Powell and Fed policy right now is basically …@alifarhat79 😢 pic.twitter.com/7ncsIPHRsg
— Wall Street Silver (@WallStreetSilv) January 30, 2023
🇸🇪 Sweden in recession according to Q4 GDP. Two points to make:
1) It will get much worse
2) I view Sweden as a canary in the global coal mine pic.twitter.com/VtU1yaJlW9— Mikael Sarwe (@MikaelSarwe) January 30, 2023
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