The markets are nervous about overtightening by the Fed.
The economic data continues to worsen. Strap In. 2023 could get ugly 🔥🔥🔥
Chart credit: @SagarSinghSetia pic.twitter.com/vLOrnpa5ND
— Wall Street Silver (@WallStreetSilv) January 21, 2023
One thing Zerohedge has never explained to their loyal Idiocracy, is that the Fed can't start easing again, UNTIL this explodes.
And when that happens, stocks will be a lot lower.
In other words, bulls are trapped. pic.twitter.com/vkoibixW1R
— Mac10 (@SuburbanDrone) January 20, 2023
The SPX weekly view.
Another failure at the 50 week.
Still as overbought as it was at the all time high a year ago.
Now for the collapsing earnings gauntlet and FOMC. pic.twitter.com/Yd73frRMKt
— Mac10 (@SuburbanDrone) January 20, 2023
#recession … Global $USD #Liquidity Squeeze edition
Welcome to the 1930s! After the oversupply comes the competitive global currency devaluations to further beggar thy neighbor… which under globalization is everyone else. https://t.co/JTj1gBBrzX pic.twitter.com/Hp9r7xA7ja
— Invariant Perspective (@InvariantPersp1) January 20, 2023
US Saving Rate Vs Credit Card Debt.
What’s the Worst That Could Happen? 🧐
Credit: u/StockTipsTips pic.twitter.com/Pjgw618NyE
— Wall Street Silver (@WallStreetSilv) January 21, 2023
Silicon Valley: San Mateo County: The median price of single-family houses plunged by 30% from the peak in April 2022, by $726,000 in nine months 🚨 pic.twitter.com/OiVppTlXls
— Wall Street Silver (@WallStreetSilv) January 21, 2023