These are basically the loosest financial conditions in 27 years.
Never has the Fed bloated to its balance sheet with financial conditions this loose.The Fed is recklessly fueling an asset bubble. pic.twitter.com/laFu94LNIb
— Sven Henrich (@NorthmanTrader) January 8, 2020
1/8/2020:
No shorts left in the market
Stocks at ATH’sBuyers Market
Bulls and Super Bulls buying High hoping to Sell Higher
Hot Potato MarketFed waiting on the sidelines to bail out Trump and the Bulls
And the most boring market you will ever see 😉— Reminiscences of an American Capitalist (@4Awesometweet) January 9, 2020
Nobody’s short. t.co/usFMHFMMXi
— Sven Henrich (@NorthmanTrader) January 8, 2020
Everyone is long even here pic.twitter.com/tMeEwUEKL2
— The Insider Trader (@AlessioUrban) January 8, 2020
$spx pic.twitter.com/eq3dyPjFss
— VIX Squared (@vixsquared) January 8, 2020
LOL. Fed balance sheet has expanded by more than $400 billion in 3 months, and demand for term financing is *growing*, not declining. Wonder what excuse we're going to come up with now that we're past year end? Laissez les bon temps rouller!t.co/teUeOIQEiw
— Ben Hunt (@EpsilonTheory) January 8, 2020
Markets aren't really irrational, just rigged. Driven usually by credit creation & we see unusually large central bank Quantitative Easing of the type I didn't propose in 1995. QE was meant as a 1-off emergency measure to kick start bank credit. 1995 QEt.co/yyKXOYs9zu t.co/JJ5EDRt4mk
— Richard Werner (@scientificecon) January 8, 2020
Stocks Risk a Hard Fall With No Earnings Net: Bloomberg
What we are left with is very weak profits, showing a decline over the last year.
t.co/VcXpEC8J1W pic.twitter.com/FKBW2KlWXF
— Christopher Hossli 🇺🇸🇨🇭 (@CHossli) January 8, 2020