by _BreakingGood_
All of the memes and jokes about how “the bears were wrong, the market is booming” changes nothing. There are foolproof indicators of a recession on the horizon and those denying it are in denial.
The yield curve is inverter, the unemployment and jobs rates are taking an absolute sh*t this month, you cant even rely on easy win stocks like MSFT and TSLA at this point, every investment you make loses money.
All the facts show, it’s time to cash out and stick your money in an HYSA and ride out the storm.
U.S. applications for jobless claims rise (aka the economy strength was transitory)
JUST IN : CITI BANK TO START FIRST ROUND OF MASS LAYOFFS ON MONDAY
THE LAYOFF PLAN IS EXPECTED TO LAYOFF TENS OF THOUSANDS OF EMPLOYEES IN TOTAL
— Win Smart, CFA (@WinfieldSmart) November 17, 2023
Over the last 3 decades, the end of Fed tightening cycles have been great times to rotate from stocks to bonds. We can see it clearly in 2000, 2006 and 2018. Tough chart to fight. pic.twitter.com/dbKFMQbj2F
— Jeff Weniger (@JeffWeniger) November 17, 2023
The housing market is headed back to a 1980s-style recession, Wells Fargo, $WFC, has said.
— unusual_whales (@unusual_whales) November 17, 2023
Bank of Canada has said: the era of very low rates is likely over, people and firms must adjust
— unusual_whales (@unusual_whales) November 17, 2023