NOTHING lies more than trapped capital.
We've never seen so much lying, bullshit and idiocy as attends this Fed collapsing this RECORD asset bubble at RECORD pace. While trapped gamblers circle jerk the whole way down.
Soon only lawyers will be making money on the bull side. pic.twitter.com/Uy49L2D2n3
— Mac10 (@SuburbanDrone) May 21, 2022
Retail worst since 2008: pic.twitter.com/hYu20k2FJt
— Mac10 (@SuburbanDrone) May 22, 2022
*AMAZON WANTS TO SHED AT LEAST 10 MILLION SQUARE FEET OF SPACE
*AMAZON AIMS TO SUBLET, END WAREHOUSE LEASES AMID COOLING SALES— zerohedge (@zerohedge) May 21, 2022
Inventories are likely to surge in 2H, making the retail industry margin problem even worse. pic.twitter.com/prTGf7vtaz
— Gina Martin Adams (@GinaMartinAdams) May 22, 2022
Bulls, just be honest with yourselves. Your entire investment strategy is based upon BAILOUTS.
My advice is to get down on your knees and start praying for what your karma will bring you. pic.twitter.com/ENOCJ5sQYV
— Mac10 (@SuburbanDrone) May 22, 2022
Bulls are data mining 100 years of ancient history to ignore the obvious:t.co/S16ZfMpFNp
The ONLY relevant analog is a TECH + HOUSING bubble with a Fed rate at .75%.
-50% SPX, -55%, and -30%?
Smoking crack is not "rational". pic.twitter.com/ZIDE3hmCSr
— Mac10 (@SuburbanDrone) May 21, 2022
$VIX high by market crash:
1. 2008: 96
2. 2020: 85
3. 1998: 50
4. 2018: 50
5. 2010: 48
6. 2011: 48
7. 2002: 48
8. CURRENT HIGH: 39
No bear market has bottomed with a $VIX under 45 since the $VIX was formed.
History tells us that another major selloff is still needed.
— The Kobeissi Letter (@KobeissiLetter) May 22, 2022
Small-business owners are flashing warning signs on the U.S. economy: ‘We are just trying to get through the next couple of weeks’ t.co/hv2T1KRFwD
— Win Smart, CFA (@WinfieldSmart) May 22, 2022
Massive State Economic Intervention Has Led to This Point
Where are the US economy and the other advanced economies of the world now? In a word, stagflation. Stagflation (declining economic growth with rising inflation) is the new reality, and there are three main clusters of factors that have led to the present stance of the economy.
Goldman Sachs Releases Recession Manual to Prepare Clients for Downturn
Goldman CEO David Solomon told CNBC that he thinks there is a “reasonable chance” of a recession, noting that he is advising clients to be more conservative with their finances due to the potential consequences of the Federal Reserve’s tightening efforts.
Jerome Powell, Who Wildly Misjudged Inflation, Is Overwhelmingly Reconfirmed As Fed Chair Last Week
There is seldom any meaningful accountability for government incompetence.