NVDA is up 74% since ChatGPT release (152% since Oct bottom). Overvalued by ANY metric. What will trigger a repricing?
by vwxyzabcdef News that GPT is actually a call center in the Philippines.
since
64% Of The Balance Sheet Reduction Since Last Year Reversed In Just 2 Weeks
That's 64% of the balance sheet reduction since last year reversed in just 2 weeks for those that are counting. — Sven Henrich (@NorthmanTrader) March 23, 2023 The Fed's balance sheet just expanded the most for a two-week period since …
Trucking continues to show signs of weakening. Volumes have slowed since the start of the month, with no signs of firming.
Truckload spot rates make a new cycle low. With volumes struggling, spot rates will likely fall further. 2/ pic.twitter.com/GIAMDaZP35 — Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) March 19, 2023 Contract rates are likely to continue their fall in the coming months, as …
In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B.
The Federal Reserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss …
Massive swings in the treasuries market. 2Y 3 day swing largest since Black Monday of 1987. high yield credit spreads are widening rapidly right now.
by laflammaster The two-year Treasury yield is on track for its biggest three-day decline since **October 1987**– according to Dow Jones Market Data pic.twitter.com/ST2VmbOp5K — Gunjan Banerji (@GunjanJS) March 13, 2023 The Fed pivot is back https://t.co/XFPXNhZL9E — Gunjan Banerji …
Biden: ‘All told, we’ve created more than 12,000, 12,000 jobs since I took office.’
Biden: "All told, we've created more than 12,000, 12,000 jobs since I took office." pic.twitter.com/5dBuVJLVNj — Greg Price (@greg_price11) March 10, 2023
Jobless Claims Rise As Layoffs Soar At Fastest Pace (UP 410% MoM) Since Lehman Collapse (UP 427% On YoY Basis)
by confoundedinterest17 I am waiting for tomorrow’s employment report to see if the Biden Administration plays it straight or give another padded report like first half 2022. But in the meantime, according to Challenger Gray & Christmas, U.S.-based employers announced 77,770 job …
We Just Witnessed An Economic Red Flag That We Haven’t Seen Since 1981
by Michael The mainstream media continues to tell us that the economy is in fine shape, and you can believe that if you want. But evidence continues to mount that indicates that we are headed for very serious trouble. Inflation …
Ursula von der Leyen – “ Canada has been training Ukrainian soldiers since 2015“
🤬Did she just say that Canada has been training Ukrainian soldiers since 2015?! pic.twitter.com/lL71UrVb6d — Truthseeker (@Xx17965797N) March 8, 2023
The inversion reaches steepest since 1981 — and THEY ARE OUT OF CASH!
The spread between the monetary policy-sensitive two-year U.S. Treasury yield (US2Y) and the 10-year (US10Y) UST yield reached the deepest inversion since September 1981, as bond-market investors priced in higher-for-longer interest rates following Federal Reserve Chair Jerome Powell’s Senate testimony …
The Fed has NEVER gone against the way over 62% of the market was leaning going into the meeting since forward guidance began in the 90’s.
Fed Pivots but not the way the Bulls expected. The Fed has NEVER gone against the way over 62% of the market was leaning going into the meeting. pic.twitter.com/PK4nKSwFbn — AnilVohra1962 🇬🇧🇨🇦 (@AnilVohra1962) March 7, 2023 NEW – Sen. John …
Hang ‘Em High! US Treasury 10Y-2Y Yield Curve Inverts To Near Lowest Since 1981, Credit/Equity Spread Turns Positive As Fed Tightens Monetary Noose
by confoundedinterest17 Hang ’em high! As inflation remains persist (thanks to endless Fed stimulus and endless Federal spending splurges), we are seeing The Federal Reserve finally withdrawing the monetary stimulus (tightening the monetary noose). And with it, the US Treasury yield …
Price Of Insuring Against US Debt Default Highest Since Last Debt Ceiling Crisis In 2013 (Debt Up 88% Since The Last Crisis, $182 In Unfunded US Liabilites)
by confoundedinterest17 The last US debt crisis occured in 2013 when Congress finally raised the debt ceiling … and kept on borrowing and spending, But if you thought that a debt crisis would scare Congress (and the Administration) into balancing the Federal …
Sink The Economy! S&P 500 Down -6% Since Fed Started Raising Rates On May 4, 2022, Equity REITs Down -16% (Pension Pain From Interest Rate Increases)
by confoundedinterest17 Interest rates are an important driver of the economy and financial markets. And what has happened to the S&P 500 index since The Federal Reserve started raising their target rate on May 4, 2023 to fight surging inflation? Since …
The Number Of Beef Cows In The U.S. Drops To The Lowest Level Since 1962 As The Global Food Crisis Intensifies
by Michael Americans need to be prepared to eat a lot less beef, because the size of the national cattle herd is steadily shrinking. And of course this is happening in the context of a much larger crisis. As I detailed in …
US Bankruptcy Filings Surge At Fastest Pace Since 2009
via bloomberg: In the first few weeks of the pandemic, it was just a trickle: companies like Alaskan airline Ravn Air pushed into bankruptcy as travel came to a halt and markets collapsed. But the financial distress wrought by the shutdowns only …
Mortgage Purchase Demand Decreases, Lowest Level Since 1995 As Fed Removes Punch Bowl (Punch Bowl To Dust Bowl)
by confoundedinterest17 Today’s mortgage application (demand) numbers from the Mortgage Bankers Association was disappointing to say the least. Mortgage purchase demand just sank to it lowest level since 1995. Typically, mortgage purchase applications peak in May or June of each year …
Gap Between VIX Put-Call Volume And CBOE Put-Call Ratio Is Widest Since 2006, Precursor To Major Volatility Spike (The Deregulation That Buttiegieg Blamed Trump For Would NOT Have Prevented The East Palestine Ohio Train Derailment)
by confoundedinterest17 The gap between the VIX Put-call volume and CBOE Put-call ratio is the widest since 2006, the precursor of a major volatility spike. Meanwhile, for those of you interest in railroad regulatory issues, as a general matter, regulations are …
MBA: Mortgage Purchase Applications Decreased Sharply -18.1%, Lowest Since 1995 (Down -41% YoY, Refi Apps Down -72% YoY)
by confoundedinterest17 Mortgage rates increased across all loan types last week, with the 30-year fixed rate jumping 23 basis points to 6.62 percent – the highest rate since November 2022. The jump led to the purchase applications index decreasing 18 …
Reports of water in the Mediterranean Sea receding since Saturday
The sea is receding – reports from all over the Mediterranean basin of extreme lows and the receding of the sea since Saturday. It started on Saturday with an extreme low and since then the situation has worsened – the …
Shot Through The Heart! US Bankrupties Had Worst Start To 2023 Since 2010 (US Credit Card Delinquencies Growing At Fastest Rate Since 2010 Too)
by confoundedinterest17 The US economy, despite the tight labor market, has been shot through the heart by Biden’s economic policies. The Biden Administration (aka, Obama’s third term as President) is giving government a bad name. On the corporate side, US bankruptcies in 2023 had …
The head of NATO admits that NATO allies have been training and arming Ukraine since 2014.
The head of NATO admits that NATO allies have been training and arming Ukraine since 2014. This should be remembered whenever the Western media talk about an "unprovoked" invasion. pic.twitter.com/HZKKHgbXRR — Truthseeker (@Xx17965797N) February 11, 2023
S&P500 aggregate earnings missed estimates for the first time since 2008 financial crisis. Bank Of America WARNS! “A day of reckoning is coming for the market.”
We're living on the edge … of extreme greed pic.twitter.com/ivrouKTCMT — Markets & Mayhem (@Mayhem4Markets) February 9, 2023 Stop talking about JPM collar trades.. all investments banks trade options lmao — Alessio (@AlessioTMAD) February 10, 2023 S&P500 aggregate earnings missed …
After The Worst January Job Cuts ‘Since The Great Recession’, Here Are 12 Major Layoffs That Have Already Been Announced In February
by Michael It appears that the tsunami of layoffs that started late last year is starting to accelerate. January was a horrible month for job losses, and major layoff announcements are coming fast and furious here in February. But of …
CREDIT SUISSE JUST REPORTED ITS WORST ANNUAL LOSS SINCE THE 2008 FINANCIAL CRISIS
🚨BREAKING🚨 CREDIT SUISSE JUST REPORTED ITS WORST ANNUAL LOSS SINCE THE 2008 FINANCIAL CRISIS $CS — GURGAVIN (@gurgavin) February 9, 2023
Bloomberg: The Bank of England signals the worst year of growth since the Great Depression.
Bloomberg: The Bank of England signals the worst year of growth since the Great Depression. pic.twitter.com/LAK7ZTBaFR — Alessio (@AlessioTMAD) February 4, 2023
Slow Down! ADP Jobs Added Slows To 106k In January, Lowest Since August 2021
by confoundedinterest17 The US economy is slowing down. In fact, ADP jobs added just printed at 106k in January, the lowest reading since August 2021. ADP jobs added follows the slow down of M2 Money growth YoY as The Fed …
Cardboard Box Demand Plunging At Rates Unseen Since The Great Recession
Another sign of the times? I think the next two years are going to be very interesting! Demand and output for cardboard boxes and other packaging material fell sharply in the fourth quarter of 2022, according to data released by …
MORE COMPANIES SUFFERED INSOLVENCY LAST YEAR IN ENGLAND AND WALES THAN ANY TIME SINCE 2009
“Total insolvencies rose to 22,109 in 2022, their highest since the global financial crisis and up by 57% from a year earlier…” Source: https://t.co/4kcC0yPrJ3 — Gold Telegraph ⚡ (@GoldTelegraph_) January 31, 2023