Ladies and gentlemen,
This is what asset deflation looks like…
The economy is melting down fast! pic.twitter.com/q5FlWvI6tB
— HOZ (@MFHoz) July 14, 2022
Copper looks terrible here…. pic.twitter.com/tn0F0KirTL
— HOZ (@MFHoz) July 15, 2022
Fake rally to lure in suckers.
9.1% CPI print was not priced in at all. Means a lot more uncertainty ahead until the next FED meeting.
We are heading lower IMO.
— HOZ (@MFHoz) July 13, 2022
You will be surprised how fast inflation goes down when the equity markets crash. pic.twitter.com/ZSVbAN5GZp
— HOZ (@MFHoz) July 13, 2022
Republican economic expectations lowest on record.
Democrat expectations lowest under Biden's presidency pic.twitter.com/Zdl6HSfCyH
— zerohedge (@zerohedge) July 15, 2022
Consumer participation is declining in both real and now nominal terms, at least per $WFC's credit card spend data. Something to watch closely. https://t.co/Fu2YTyh2wU
— Markets & Mayhem (@Mayhem4Markets) July 15, 2022
Global recession is coming. Goldman's financial conditions index for the US, which averages credit spreads, mortgage rates and equity prices into a broad index, is up 300 bps this year, the same tightening as in the COVID shock in March 2020 & the global financial crisis in 2008. pic.twitter.com/0RMokpLVgx
— Robin Brooks (@RobinBrooksIIF) July 15, 2022