This is where the Fed blew up markets back in 2018 w/respect to market structure and rate level.
Rate pace and QT are DOUBLE what they were in 2018.
This should be interesting to watch from a safe distance. pic.twitter.com/Ww4mQvw7gf
— Mac10 (@SuburbanDrone) August 12, 2022
The markets believe in the “soft landing” view without realizing that the Fed’s primary goal here, by tightening into an inverted yield curve, is to take the punch bowl away. “Don’t Fight the Fed” works in both directions, so chasing this could be dangerous to your wealth.
— David Rosenberg (@EconguyRosie) August 11, 2022
This bear market is not like 2020 or 2008, it’s like 2001.
Valuations were too high and rates were too low and now 40-year high inflation was thrown in.
In 2000-2001, we had 7 relief rallies of 10%+.
We have had just 3 this bear market.
Can we make history with a bottom here?
— The Kobeissi Letter (@KobeissiLetter) August 12, 2022
https://twitter.com/WifeyAlpha/status/1557990784967868416
Yikes… @AndreasSteno @MacroAlf @jessefelder pic.twitter.com/mVGE7ieB5B
— Variant Perception (@VrntPerception) August 12, 2022
ECRI's U.S. Weekly Leading Index growth rate edges lower. pic.twitter.com/GJCEiAdDgd
— Economic Cycle Research Institute (ECRI) (@businesscycle) August 12, 2022
MICHAEL BURRY TWEETED THIS MINUTES BEFORE DELETING IT
THOUGHTS 👀👀 pic.twitter.com/iNfirSe9v8
— GURGAVIN (@gurgavin) August 12, 2022