$USD will continue the bid. Sorry people, this is going to be the worst global recession of our lives. The USD is the only truly safe haven asset for mid to long term. $DXY to the moon.
— Wifey (@WifeyAlpha) July 20, 2022
π° BofA July FMS: "A net 58% of fund managers said they're taking lower than normal risks, record that surpassed the survey's GFC levels."
(via BBG) pic.twitter.com/sSACVuG6dH
— Michael Goodwell (@MichaelGoodwell) July 19, 2022
— Michael Goodwell (@MichaelGoodwell) July 19, 2022
— Financelot (@FinanceLancelot) July 20, 2022
For first time in 12 weeks, we no longer have bears > bulls on II survey. That ends the longest such stretch of persistent pessimism since 08/09. pic.twitter.com/RVxr8kPJuf
— Willie Delwiche, CMT, CFA (@WillieDelwiche) July 20, 2022
Emerging markets performance worst since Asian financial crisis pic.twitter.com/oRLg9cIBQc
— π °π »π ΄πππ Έπ Ύ (@AlessioUrban) July 20, 2022
Rents are skyrocketing across U.S. cities after having crashed during the pandemic.
But there is no way this is sustainable. Which means a lot of (young) people are locking in cycle high rents at the end of the cycle.
Total economic disaster.
Rent CPI monthly %: pic.twitter.com/QNrYxA1ZOq
— Mac10 (@SuburbanDrone) July 20, 2022
European corporate debt has come under intense pressure this yearhttps://t.co/3uenYF6tz5 pic.twitter.com/AO22xbLDsg
— π³π°πΈπ»π πΌπ°ππΊπ΄π πΏπΈπ²ππΎππΈπ°π» (@MarketPictorial) July 20, 2022
πͺπΊ *EURO AREA PRELIM JULY CONSUMER CONFIDENCE -27; EST. -24.9
— Christophe Barraudπ’π³ (@C_Barraud) July 20, 2022
The massive Pump and future dump will be Epic.
Banks revenues are down -50%, -61%#Netflix earnings were trash as well with YoY growth declining from 19% down to 4% the company is burning money and not showing any signs of future growth. Subscriber growth down to 3% from 9% pic.twitter.com/tRFoaqohTx
— Golden Coast (Cassandra) (@GregCrennan) July 19, 2022
With commodity prices falling, the copper/gold ratio is declining. This suggests that bond yields may have peaked for the cycle. pic.twitter.com/obEOLXrxBt
— Jurrien Timmer (@TimmerFidelity) July 19, 2022
