Stocks acting like it’s the beginning of an economic expansion or the end.
After 70% of the yield curve already inverted at record valuations…
My call is the latter. pic.twitter.com/sNd2jeLNd0
— Otavio (Tavi) Costa (@TaviCosta) January 7, 2020
— Jesse Felder (@jessefelder) January 6, 2020
M2 up 5.1% over prior 12 months.
C&I loans borderline negative over past 12 months.
Stockpile cash, lend less.
The expected inventory build could not be coming at a more opportune time.
— Danielle DiMartino Booth (@DiMartinoBooth) January 6, 2020