Unlike most other central banks, the PBOC has been easing for most of 2022. And yet their market is still imploding.
Bulls, you would do well to take notice of what happens when "pivots" fail.
But you won't, so you will learn the hard way the limits of printed money. pic.twitter.com/fl9hUWYF9D
— Mac10 (@SuburbanDrone) August 18, 2022
Y2K Nasdaq beside the Ark ETF.
By this comparison, Ark ETF has at least another year of downside ~50%.
Vis-a-vis Mar '20 this rally is pathetic by comparison.
Lots of people got buried by bullish psychopaths already.
Far more to come. pic.twitter.com/2oOCfW9V4u
— Mac10 (@SuburbanDrone) August 18, 2022
The market has gone nowhere for an entire year, and all we've heard is non-stop bull shit.
The Efficient Bailout Hypothesis is about to get system tested. pic.twitter.com/9LKlJ26iRd
— Mac10 (@SuburbanDrone) August 18, 2022
FED pivot
Lol pic.twitter.com/qSPpcCenR6
— HOZ (@MFHoz) August 18, 2022
confidence among individual investors hit a new high of the year – WSJ
dumb money feels safe again
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) August 18, 2022
As interest rates rise, lenders such as Upstart, Mosaic and Carvana are finding money harder to come by t.co/z6eWVm4fL0 via @WSJ
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) August 18, 2022
St Louis Fed Financial Index is at -2.15, it’s lowest level ever. Since inception, it’s low was -1.2, till Mar of this year. Since Jul, it has crashed to levels nearly twice as loose as ever seen before. Fed is falling further behind in its goal to tighten financial conditions. pic.twitter.com/Bv1jZr0g6F
— AnilVohra1962 🇬🇧🇨🇦🇺🇸 (@AnilVohra1962) August 18, 2022
FED'S KASHKARI: I'M NOT SURE IF THE FED CAN REDUCE INFLATION WITHOUT CAUSING A RECESSION.
— Breaking Market News ⚡️ (@financialjuice) August 18, 2022
I can't share all my work, but the coming months will be rough. Markets will take the elevator down.
You will soon understand.
— HOZ (@MFHoz) August 17, 2022