This isn't a good sign. Cost of living continues to rise for many Americans.
– 66% of consumers live paycheck-to-paycheck
– 40% are behind on bills
– Near $1T record-levels credit card debt
What happens if the economy materially slows but prices don't decline that much? https://t.co/9fR55BqVWb
— Markets & Mayhem (@Mayhem4Markets) March 29, 2023
The most important chart right now.
The amount of money (M2) in the economy has DECLINED for the first time in atleast 60 years. It is now down 2.5% YOY. As prices are rising (inflation), the total amount of money is declining. What do you think will happen to asset prices? pic.twitter.com/lqr6911wZp
— AnilVohra1962 🇬🇧🇨🇦🇺🇸 (@AnilVohra1962) March 29, 2023
Bull Market Checklist by Grant Hawkridge 👇 pic.twitter.com/K7eZZwpfHD
— Cheddar Flow (@CheddarFlow) March 30, 2023
BREAKING: As markets rally this week, Fed Chair Powell has just issued another statement today, this time warning investors that the recent upbeat market sentiment is built on “shaky ground” pic.twitter.com/yCOAwTqhrp
— Uranium Corgi (@UrTokenCorgi) March 29, 2023
Copious fools are saying the NDX is in a new bull market. https://t.co/IQ8bK7RAX6
Here I show the % of Nasdaq stocks NOT bullish when the NDX is above the 200 dma:
Highest since March 2020 and before that 2008. pic.twitter.com/CMc55xLhSQ
— Mac10 (@SuburbanDrone) March 30, 2023