Wall Street has gone full 99-00... UPS driver on my office route is telling me about his Robinhood gains. We’re beyond close.

Banks cutting credit card limits at fastest rate for those who rely most on credit cards; doesn’t bode well for households in precarious financial situations, especially if additional government benefits stop flowing @TransUnion @Bloomberg pic.twitter.com/Fuoq4Y9v7n
— Liz Ann Sonders (@LizAnnSonders) September 2, 2020

Imagine buying a bond that yields less than inflation from an extremely leveraged company.
That’s the case today in the US.
Real yields for the average corporate bond are now at their lowest level in history. pic.twitter.com/NDnSloOXOY
— Otavio (Tavi) Costa (@TaviCosta) September 2, 2020

One of my most important Models is moving into the Sell/Hedge zone.
This is the 20th signal since 2009 – most led to sharp pullbacks or big corrections in Stocks.
Potential high risk of a bigger Tactical regime shift approaching – monitoring turn down for confirmation (TBD). pic.twitter.com/GnD14hh9nb
— Macro Charts (@MacroCharts) September 1, 2020

https://twitter.com/farrisbaba/status/1300516112044564481

Apple is now worth more than the FTSE 100 Index, who is the $2B call buyer, SoftBank? And more important, who is the seller? Better be Buffett or an equity derivatives desk is in trouble? https://t.co/TP4Ft5kn8W
— Lawrence McDonald (@Convertbond) September 2, 2020

If you can't hear the opposing side of your thesis without getting upset, you're not going to last long in this game.
— Blueshirt Advisers (@blueshirt_omaha) September 1, 2020

https://twitter.com/matrbk/status/1301015323215368192

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