‘VIX is at 16 because people are buying calls on stocks, not puts. Basically everyone is bearish on treasuries and bullish on stocks, a reversal would be violent.’

Either this is going to be the largest short squeeze we've ever seen or most of the institutions that sold these credit default swaps are going under when people seek payment. https://t.co/qvkqEwle2f

— Financelot (@FinanceLancelot) May 20, 2023

The above chart is CDS on U.S. Treasuries not stocks.

VIX is at 16 because people are buying calls on stocks, not puts. Basically everyone is bearish on treasuries and bullish on stocks, a reversal would be violent.

— Financelot (@FinanceLancelot) May 20, 2023

CDS are only bought by institutions, not retail. Average people are net long stocks right now.

M2 money supply tells you how much is in the system. It's declining at the fastest pace in history.

"Money on the sidelines" is something talking heads use on TV and it means nothing. pic.twitter.com/PkXf5rH4zp

— Financelot (@FinanceLancelot) May 20, 2023

A Credit Crunch Is Inevitable.@miseshttps://t.co/lmj9IHmbkU

— Daniel Lacalle Official Account (@dlacalle_IA) May 20, 2023

'The lumber market is sending a curiously divergent message vs. homebuilder stocks.' https://t.co/UREVhdDIDx ht @SoberLook pic.twitter.com/5jseAwBywv

— Jesse Felder (@jessefelder) May 19, 2023

https://twitter.com/MFHoz/status/1659648186196041744

Manufacturing says it's already a deep recession pic.twitter.com/8hsz8qkkew

— Peter St Onge, Ph.D. (@profstonge) May 19, 2023