Two years in a row, the bond market accurately priced in excessive financial risk far ahead of stocks.
Yet, today's gurus are "surprised", because they have no clue that's how markets are supposed to work.
They're not supposed to keep going vertical until they explode. pic.twitter.com/xYoyxQ7i86
— Mac10 (@SuburbanDrone) July 20, 2021
At this rate 10Y will go negative in 2 weeks
— zerohedge (@zerohedge) July 20, 2021
Meme stocks have tanked over the last month: $AMC -34%, Gamestop $GME -29%, Blackberry $BB -26%. Prices are still elevated compared to usual levels which suggest there could be further downside #stocks #markets pic.twitter.com/EDwZ1s5uv6
— Michael A. Gayed, CFA (@leadlagreport) July 20, 2021
Carnival is falling apart
**delta variant fears** pic.twitter.com/q5lgIUQ52l
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) July 20, 2021
— Oscar G. Salem (@Bellehos) July 19, 2021