What we are witnessing in real-time is a COVID-style RISK OFF, without a central bank bailout.
Bulls, explain again your strategy.
Cirque Du Jerk as usual? pic.twitter.com/SUqE7ABM0m
— Mac10 (@SuburbanDrone) March 3, 2022
We now have confirmation that the Fed will raise rates in March and the next step for sanctions is to embargo Russian oil.
Risks never higher than right now.
And perfect wave structure. pic.twitter.com/VtXSMPITDi
— Mac10 (@SuburbanDrone) March 3, 2022
Biden is under pressure from all sides to support a Russian oil embargo.
If that happens, I predict oil will be limit up and S&P futures will be limit down, but neither will close green.
Putin will have succeeded in luring mental midgets into economic warfare. pic.twitter.com/5RCUj7LaiD
— Mac10 (@SuburbanDrone) March 3, 2022
#recession … #Fed Pushing on a String edition
After this #NFP #payrolls report, all of the end of cycle boxes have now been checked off except the #YieldCurve, which is also inverting at record speed 📉 https://t.co/SdIRTAqS4K
— Invariant Perspective (@InvariantPersp1) March 4, 2022
#recession … #GFC2 #Commodities edition
The similarities to 2008 keep piling up! https://t.co/Q8w7AbW8sP
— Invariant Perspective (@InvariantPersp1) March 4, 2022
What's taking place right now is that Wall Street is pushing their clients into massively crowded end-of-cycle dead end trades which will lead to MAXIMUM dislocation.
From Energy/oil stocks to WWIII defense contractors.
Today's pundits are assisting them herd the sheeple. pic.twitter.com/exsJnUWZAR
— Mac10 (@SuburbanDrone) March 3, 2022
Metals and miners are having a great week.
And the Fed has confirmed they are on track for policy error.
Good times. pic.twitter.com/sqJxz2fYtq
— Mac10 (@SuburbanDrone) March 3, 2022