The most famous bear in modern history capitulates.
And "Everyone is bearish". pic.twitter.com/pVjDkT1MGy
— Mac10 (@SuburbanDrone) March 30, 2023
Michael ‘Big Short’ Burry Admits “I Was Wrong To Sell”
It's been said before, but it bears repeating: patience is key to wealth-building in the markets. Those who are short without leverage can weather bear market rallies with minimal harm. I'm confident that the next six months will be tumultuous. The market will soon become… pic.twitter.com/AvaX2GVfAB
— HOZ (@MFHoz) March 30, 2023
2/2
… and someone tell the other 492 stocks in the S&P 500 as they are collectively down on the year.
Eight stocks are keeping the YTD gains in the S&P 500 positive. pic.twitter.com/n1HSnvPZe0
— Jim Bianco biancoresearch.eth (@biancoresearch) March 30, 2023
FED'S COLLINS: TO HELP REDUCE EXCESSIVE INFLATION, THE FED WILL HAVE TO RAISE RATES AGAIN.
— Breaking Market News (@financialjuice) March 30, 2023
"The S&P 500 is in the first decile of historical returns, and it has been 12 months since the first Fed rate hike. Are we near an inflection point?" – @soberlook pic.twitter.com/FDMOQ9rEJd
— Lance Roberts (@LanceRoberts) March 30, 2023
Since 2008, bulls relied entirely upon just-in-time Fed bailout.
Now, their financial survival is 100% dependent upon "too big to fail".
Sad. But true. pic.twitter.com/JPeluYcRFs
— Mac10 (@SuburbanDrone) March 30, 2023
Cash flow from Blackstone portfolio no longer covers debt payments: Moody’s t.co/fg5ahJMqAU
— Richard Christopher Whalen (@rcwhalen) March 30, 2023
Consensus expectations are for a sharp improvement in #earnings with Q1 being the trough.
While #economic indicators suggest further weakness, analysts are betting on #NoRecession.
h/t @ISABELNET_SA pic.twitter.com/1LtBYfz8Ln— Lance Roberts (@LanceRoberts) March 30, 2023