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Stocks as a percentage of household financial assets just hit a record high.
Prior peaks have come before dreadful bear markets.
(h/t) @MebFaber pic.twitter.com/91pMPkOpfB
— UPFINA (@UPFINAcom) June 18, 2021
You want to know how it looks like a 💣TICKING BOND💣?
US high-yield corporate bonds' real yield turned negative.@SaxoStrats @saxomarketcall @saxobank pic.twitter.com/T9M1F2qSGa
— Althea Spinozzi (@Altheaspinozzi) June 17, 2021
In summary, the prospect of a rate hike two years from now obliterated the cyclical rally. Ponzi inflation was obliterated by the sell order.
Once again proving the gullibility of the masses.
The casino closed on the lows of the week. pic.twitter.com/FsMnU6Sq7P
— Mac10 (@SuburbanDrone) June 18, 2021
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