2021’s Uncanny Resemblance to 2008

by highquaIity A story in a few parts: Let’s take a trip back in time to 2008, just before one of the biggest financial crises the US has ever experienced. 4 of 7 Fed seats resigned shortly before the crisis …

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Bears Gain Control As Market Fails Resistance

by Lance Roberts With yesterday’s rout, the “bears” gained control of the narrative as the market failed at resistance. In this past weekend’s newsletter, we discussed the market reclaiming the 100-dma on Friday. To wit: “It is worth noting there are two primary support …

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Soon: Central banks, acting as lenders of last resort (LLR) and market makers of last resort (MMLR), will once again be the lynchpins in what is sure to be a chaotic sequence of events

Across the advanced economies, central banks have rightly prioritized maintaining financial stability and supporting the real economy over fighting inflation with interest-rate hikes. But with financial fragility rife and public and private leverage at all-time highs, their next big test …

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Every Major Market Imploding Risk Of The Past Decade Is Now Concentrated Into This Month: Debt Ceiling Debacle 2.0 Chinaplosion 2.0, And Taper 2.0.

Every major market imploding risk of the past decade is now concentrated into this month: Debt ceiling debacle 2.0 ChinaPlosion 2.0, and Taper 2.0. Bulls are fat and happy. pic.twitter.com/QXo3LzrkIP — Mac10 (@SuburbanDrone) October 3, 2021 China PMI export orders …

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The Market is in Serious Trouble

by The Phoenix The markets are bouncing today, but nothing has been resolved. The technical damage from the last few weeks has been horrific. The two most heavily weighted sectors in the S&P 500 (Tech and Healthcare) are in confirmed downtrends. …

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