don't say there were no signs t.co/q0VKYgRcuO
— Tom Hearden (@followtheh) May 27, 2021
The comeback of a Meme stock: AMC defies gravity as retail investors propel gains to 1,150%. Rally pushed company’s market value to a record $13bn. Stock has nearly tripled from quarterly earnings on May 6. (via BBG) pic.twitter.com/Y7hrtEbZa5
— Holger Zschaepitz (@Schuldensuehner) May 27, 2021
Volume:$SPY 27M$AMC 519M pic.twitter.com/4am3t8hd11
— Sven Henrich (@NorthmanTrader) May 27, 2021
Busiest May on record for junk bond issuance; Four of Top 10 busiest months on record have occurred in 2021 pic.twitter.com/XTfURdKUgF
— Not Jim Cramer (@Not_Jim_Cramer) May 27, 2021
So $AMC rally blew out somebody who got liquidated into the close. They were short $TSLA and long $UBER and $GOOG pic.twitter.com/oXmdA1Ft9p
— TC (@TESLAcharts) May 27, 2021
Indeed. Bottome fell out of $GOOG at the exact same time. Someone got carried out in a shoebox. t.co/no7xCIozMh pic.twitter.com/n11bBNmNYg
— Keubiko (@Keubiko) May 27, 2021
🧿Durable Goods Orders Down 1.3% in April After 11 Months of Increases
👉This is an advanced indicator🧐 pic.twitter.com/ekV0e7iSFT
— Antonio Pérez-Algás (@apanalis) May 27, 2021
$spx earnings pic.twitter.com/fFJVqog8rz
— VIX Squared (@vixsquared) May 27, 2021
I call this chart "Terminal optimism" pic.twitter.com/u7KYTziojf
— Mac10 (@SuburbanDrone) May 27, 2021
Congrats on taking $11 billion in cash that turned into an $8 billion company. t.co/0J0McnvJUE pic.twitter.com/uohh2rRvkB
— Shira Ovide (@ShiraOvide) May 27, 2021
People…are saying 'wow, there's really idiots running The Fed'… this is really scary… and China knows this right now as well….we have crazy people in charge…This Fed has lost its mind… and China's taking advantage of that."
—Palantir co-founderh/t @zerohedge
— Dave Collum (@DavidBCollum) May 28, 2021
Costco Is Seeing Inflation Abound, Impacting a Slew of Consumer Products
The big-box club chain said it’s been seeing accelerating prices across a range of products.
Powell’s Fed Will Move Instinctively to Combat Inflation, Like Greenspan
Former Chair Alan Greenspan led the Fed slowly and instinctively, with sparse details. A break from the furious pace and hyper-transparency of the past year looks mighty appealing.
Dollar May Be on Brink of Sustained Downtrend: Bloomberg
The inflation outlook, higher oil prices and a stronger Chinese yuan all point in the same direction.
UMich Sentiment Slides As Record Number Of Americans Fear Soaring Prices
The disappointing plunge in ‘hope’ from The Conference Board’s survey of consumer sentiment was echoed in the UMich sentiment survey as the headline slipped from 88.3 to 82.9 (and slightly below the preliminary data). Both current and expectations indices also tumbled, and all are still well below pre-pandemic levels…
Fed’s “Favorite” Inflation Indicator Explodes At Fastest Rate Since 1992 As Incomes Crash By Record
While Americans’ income and spending is normally the headline-making data, this morning’s release will focus all eyes on The Fed’s favorite inflation indicator – the PCE Deflator.
GLOBAL 🌎 CENTRAL
BANKS 🏦 pic.twitter.com/NSahWRuDMu— Win Smart, CFA (@WinfieldSmart) May 27, 2021
"Inflation can eat up all the growth in wages, and money supply liquidity can be drained by inflation plus industrial production growth.
Low real interest rates, due to rising inflation plus a friendly Fed, have not been bullish for economic growth". Ned Davis
— Daniel Lacalle (@dlacalle_IA) May 28, 2021
Gold has pared all its losses in 2021 as inflation expectations rise. t.co/MkF7vACFEG pic.twitter.com/5OHHEgvwxQ
— Lisa Abramowicz (@lisaabramowicz1) May 28, 2021