🚨WARNING🚨
Dow transports
The topping process eerily similar.
2024 vs 2008
PAY ATTENTION !! pic.twitter.com/4iCocRa3Zh
— The Great Martis (@great_martis) June 14, 2024
🚨 WARNING🚨
2024 vs 2008
Dow jones .
Technical poetry in play .
*Those who suffer vertigo please look away pic.twitter.com/ZqYdHgH6DY
— The Great Martis (@great_martis) June 14, 2024
CAUTION: Recession is closing in pic.twitter.com/Fr90DYyAdC
— Game of Trades (@GameofTrades_) June 14, 2024
Latest Q2 GDP nowcasts:
ATL 3.1% (no new forecast)
NY 1.91% v. 1.90% prev
STL 0.94% v. 1.26% prev
Jun consumer spending better come in white hot, or team ATL Fed will have egg on their faces… pic.twitter.com/gTKDCqyPkF— E.J. Antoni, Ph.D. (@RealEJAntoni) June 14, 2024
Preliminary consumer sentiment falls again for Jun as short-run inflation expectations hold steady at 3.3% and long-run inches up to 3.1% – people don't believe the 2.0% inflation target anymore, but they do believe they'll keep getting poorer: pic.twitter.com/3Ijxj9ElSh
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 14, 2024
Consumer sentiment of current economic conditions in Jun is down again, now well below even the covid-era lockdowns and approaching the lowest levels of '23: pic.twitter.com/eLXLqPWuSp
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 14, 2024