Number of Nasdaq Stocks Down 50% or More Is Almost at a Record… 40% Of Index’s Firms Have Fallen By Half From One-year Highs

🇺🇸 Number of #Nasdaq Stocks Down 50% or More Is Almost at a Record – Bloomberg
*40% of index’s firms have fallen by half from one-year highs
*Link: t.co/EHFMl6mhyL pic.twitter.com/SqE9ud7zDK

— Christophe Barraud🛢 (@C_Barraud) January 7, 2022

Fed Scares Markets With Triple Threat

• The prospect of a Fed triple threat of tightening sent the market into a tailspin on Wednesday.
• Central bankers indicated in their December minutes that they expect not only to raise rates and taper asset purchases soon — but also could be teeing up a balance sheet reduction.
• That’s important for investors because central bank liquidity has helped underpin markets during the Covid tumult.

$SPX remains overbought. pic.twitter.com/eLfJyg6Ij0

— Market Musings (@AndysCycles) January 7, 2022

What do bonds know? pic.twitter.com/VsTj5Dw9mL

— Lawrence McDonald (@Convertbond) January 7, 2022

Ten year real yield moving higher as nominal yields rise faster than breakeven rates. pic.twitter.com/rgZLjlzyah

— Kathy Jones (@KathyJones) January 7, 2022