What do banks do when they are preparing for a recession?
— Ty Dolla (@TyFadeaway) January 22, 2023
The belief that the stock market will crash once a recession is confirmed is misguided. The stock market is forward-looking. By the time a recession is confirmed, the market has already crashed and begun to adjust and recover.
— HOZ (@MFHoz) January 22, 2023
#recession … Global $USD #Liquidity Squeeze edition t.co/ne1TqFClEL
— Invariant Perspective (@InvariantPersp1) January 23, 2023
Bank borrowings from Federal Home Loan Banks surged to $661 billion in the third quarter last year.
That's up from $344 billion a year earlier#loan #banks #recession pic.twitter.com/dTVRE30adE— The_Journalbiz (@the_journalbiz) January 23, 2023
#recession … #GFC2 US #Banks edition$XLF $BKX $KRE 📉 t.co/kua0wMbGMA pic.twitter.com/nKlAsnCuMU
— Invariant Perspective (@InvariantPersp1) January 23, 2023
Investors should sell stocks and take profits, JPMorgan, $JPM, has said.
Do you agree?
— unusual_whales (@unusual_whales) January 22, 2023
"With most U.S. economists forecasting either a recession or significant slowdown this year, banks will likely incorporate a more severe economic outlook," said Morgan Stanley analysts said.
Read more details: t.co/wwoUervR0y
— unusual_whales (@unusual_whales) January 23, 2023
Deutsche Bank To Cut Investment Banking Bonuses By 40% t.co/KlFCBSlCje
— zerohedge (@zerohedge) January 23, 2023
Google – 12000 laid off
Microsoft – 10000 laid off
Amazon – 18000 laid off
Salesforce – 8000 laid off
Facebook – 11000 laid off..and rigged jobs data show:
US jobless claims drop because.. because they cut jobs worldwide pic.twitter.com/6U3UDQhqoQ
— Russian Market (@runews) January 23, 2023
Microsoft 5% of the workforce
Alphabet 6% of the workforce
Salesforce 10% of the workforce
Meta 13% of the workforcePiling up👇 t.co/lngkBlrxcC
— Jonathan Ferro (@FerroTV) January 23, 2023
QT continues, and with it liquidity is being drained from the global financial system.
While the market is content to ignore this in the short term, particularly as the BoJ and PBoC offset the impacts of ECB and Fed tightening, longer term it will continue to matter. pic.twitter.com/QKg8G6VGJ1
— Markets & Mayhem (@Mayhem4Markets) January 23, 2023
A Soft Landing Scenario—Another Fed Myth?
Optimism is increasing on Wall Street, with investors hoping for a “soft landing” in the economy.
US Leading Indicator More Like Bleeding Indicator After 10 Straight Months Of Declines
The Conference Board’s Leading Indicator should be called The Bleeding Indicator given that the leading index has declined to 10 straight months. This is happening as The Fed tightens monetary policy to combat inflation.
Banking Institutions Quietly Admit to Inevitable Recession Implosion on 2023
As the Federal Reserve continues its fastest rate hike cycle since the stagflation crisis of 1980, a couple vital questions linger in the minds of economists everywhere – When is recession going to strike and when will the Fed reverse course on tightening? The answers to these queries are at the same time simple and complex: First, the recession has already arrived. Second…