Boy Plunger retweeted
ZELENSKY: RUSSIAN OFFICIALS HAVE BEGUN TO "PREPARE THEIR SOCIETY" FOR POSSIBLE USE OF NUCLEAR WEAPONS - BBC
Boy Plunger retweeted
The last 8 times the S&P 500 was down in a calendar year, Bonds finished the year up, cushioning the blow.
Very different story thus far in 2022 with Stocks and Bonds both down over 10%, something we've never seen.
Boy Plunger retweeted
LiveSquawk Preview: Eurozone Inflation Poised For New Record High As Recession Looms
- Annual headline CPI forecast at 9.0% (prev 8.9%)
- Y/Y core rate seen rising to record 4.1% (prev 4.0%)
livesquawk.com/report/specia…
Boy Plunger retweeted
China's Jobless Turn To Car Boot Sales As Covid-Hit Economy Stalls - RTRS
reuters.com/markets/asia/chi…
Boy Plunger retweeted
NEW ADP EMPLOYMENT METHODOLOGY mediacenter.adp.com/2022-08-…
Boy Plunger retweeted
Final nail in the coffin for team transitory
.@SecYellen on inflation being transitory: "I was wrong then about the path that inflation would take. As I mentioned, there have been unanticipated and large shocks to the economy [...] that I, at the time, didn't fully understand." trib.al/DqWmX50
Boy Plunger retweeted
Worst starts to a year for the S&P 500 (total returns through May, since 1928)...
1) 1932: -45.0%
2) 1940: -25.2%
3) 1962: -16.1%
4) 1970: -15.5%
5) 1931: -15.1%
6) 2022: -12.8%
7) 1938: -11.6%
8) 1939: -11.2%
9) 1941: -10.6%
10) 1973: -10.0%
Boy Plunger retweeted
Every major metro area in the US has seen a double-digit % increase in home prices over the last year, led by Tampa which is 35% higher. All 20 cities in the 20-city index hit record highs for the 5th month in a row.
US Home Price Appreciation by City...
Data via @ycharts
Boy Plunger retweeted
Inflation is out of control. Inflation expectations are getting out of control. Markets are imploding because investors are not confident that the @federalreserve will stop inflation. If the Fed doesn’t do its job, the market will do the Fed’s job, and that is what
Boy Plunger retweeted
JPMORGAN: “.. our recession probability model based solely on financial indicators .. now exceeds 41% .. the market is discounting a much higher probability than that implied from economic data, and using financial indicators alone has produced false positives ..” [Kolanovic]
Boy Plunger retweeted
Dow and S&P 500 post worst day of the year; Nasdaq slides more than 3.5% cnbc.com/2022/03/06/stock-ma…
Boy Plunger retweeted
The UK has 80% more covid-19 cases today as compared to the January 2021 peak (107k per day vs. 59k).
The UK has 90% fewer covid-19 deaths today as compared to the January 2021 peak (120 per day vs. 1,250).
🙏
Boy Plunger retweeted
White House Warns Pfizer Covid-19 Pill Will Not Be Widely Available For Months - FT ft.com/content/9077c439-27ff…
Boy Plunger retweeted
BREAKING: Federal Reserve keeps rates unchanged, but doubles pace of taper to $30 billion per month. The central bank also sees three rate hikes next year.
cnbc.com/id/106989524
