Yield curve, one of the best indicators of #recession, is dropping rapidly. #Fed is going to have a problem. (They should have been hiking rates in 2020-2021 as they were flooding the #markets with #QE) pic.twitter.com/ksztY9p3Qo
— Lance Roberts (@LanceRoberts) March 8, 2022
Bulls, you can finally say no one saw it coming – a nuclear Black Swan event.
Cold comfort to be sure.
However, this belief that war is the only risk, has now become your lethal new delusion.
Cycle risk remains by far the greatest threat to misallocated capital. pic.twitter.com/EwDWuPG4bh
— Mac10 (@SuburbanDrone) March 8, 2022
The Nasdaq just closed in bear market.
And yet you can see that down volume was higher last March than it is now.
Total complacency. pic.twitter.com/Ss9wzBF2Gp
— Mac10 (@SuburbanDrone) March 7, 2022
Latest IMI data revealed US equity investor risk appetite slumped as the conflict in Ukraine exacerbates existing concerns over slowing economic growth and high inflation. The index slid from -3% in February to -32% in March. Read more: https://t.co/lE0aoe7iLf pic.twitter.com/y3UJ6kEJOF
— IHS Markit PMI™ (@IHSMarkitPMI) March 8, 2022
This period is very similar to the 1973 OPEC oil embargo which created a global recession.
Commodities are now rising at the fastest pace since that recession:
The cost of Russian oil ban: Recessionhttps://t.co/7gVWO3tIY8 pic.twitter.com/WDDMh5J5t0
— Mac10 (@SuburbanDrone) March 8, 2022