Total mortgage demand hits 22 year lows.
Yes that’s lower than 2008 pic.twitter.com/5Ke54ouwqC
— QE Infinity (@StealthQE4) August 17, 2022
Bulls, the Fed minutes said the same thing this time as they said every other time this year.
They are going to keep tightening until you explode.
Although, I didn't actually read the minutes themselves. pic.twitter.com/uNGpu3hTsj
— Mac10 (@SuburbanDrone) August 17, 2022
Phoenix housing inventory is currently at 5yr highs. Inventory still increasing 20% per month! pic.twitter.com/HQ2RSvOa9C
— Gee Rome Pow 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) August 17, 2022
$SPY rally is done. Back on June 16th I posted this and many dismissed it saying it was too unlikely for a rally that steep. Here we are, and now everyone is dismissing my call for the rally being over. Big wave down coming as we head into midterms pic.twitter.com/M4PcdMfoON
— Reformed Tr🅰️der (@Reformed_Trader) August 16, 2022
Mapping out QT: the path so far pic.twitter.com/Z30NxlgJm1
— Markets & Mayhem (@Mayhem4Markets) August 16, 2022
How much Japanese hot money is out there in global markets soaking up fat yields?
We'll find out overnight limit down.
And then everyone will learn that you get out of the casino when you CAN get out, not when you have to. pic.twitter.com/joMXcLxhGU
— Mac10 (@SuburbanDrone) August 17, 2022
This week China surprised markets with a rate cut as their economy implodes. China and U.S. monetary policy now diametrically opposed.
In Aug. 2015, Yuan deval prompted the Fed to delay Sept. rate hike.
FOMC minutes just confirmed at least .5% hike in Sept.
Stand back. pic.twitter.com/TZLkQeofhI
— Mac10 (@SuburbanDrone) August 17, 2022
Baltic Exchange Dry Index – @SoberLook pic.twitter.com/CTmZs2aSs2
— Rob Hager (@Rob_Hager) August 17, 2022
Earnings From Walmart and Target Serve As “Great Indicators” of the Health of the U.S. Economy
US in ‘hangover’ stage as ‘reopening euphoria is ending’: Former Toys ‘R’ Us CEO.
‘We Are Literally Sinking’: Britons Face Hard Choices as Prices Soar
Cutting back on meat. Choosing cheaper supermarket brands. Stockpiling soap. Soaring prices force more sacrifices.