WARNING: Default rate on consumer loans have now hit the highest level in a decade
Such aggressive rises have systematically ended in recessions since 1987
At this rate, history is about to repeat again pic.twitter.com/59wW22Rq5e
— Bravos Research (@bravosresearch) June 4, 2024
US Job openings year-over-year change has been negative for over 2 years.
In other words, opened vacancies in the US has declined for over 24 months straight.
In the past such a streak has ONLY OCCURRED DURING RECESSIONS.
The US labor market is only strong in the headlines. pic.twitter.com/jnQdxOJRp9
— Global Markets Investor (@GlobalMktObserv) June 5, 2024
Job Openings to Unemployment back to Pre-Covid pic.twitter.com/NuH5cK33Fb
— Win Smart, CFA (@WinfieldSmart) June 5, 2024
Big move in bond yields in past few days.
All eyes on ISM services – esp employment sub index. Will it be weak again? consistent with poor job openings?
data out in 10 mins pic.twitter.com/OeXnUNz2ZV
— Longview Economics (@Lvieweconomics) June 5, 2024
https://twitter.com/EismanSteven/status/1798351688505626710
Corporate debt defaults have hit a global tally of 18, the highest monthly level since October 2020 at the height of the Covid pandemic, according to research by S&P Global Ratings.
— unusual_whales (@unusual_whales) June 5, 2024
Commercial real estate delinquency rates have also reached the levels last seen during the pandemic: https://t.co/pezosO1as6
— Reef Insights (@ReefInsights) June 5, 2024
Nvidia vs Enron
Its probably nothin . pic.twitter.com/ixsLTlluDt
— The Great Martis (@great_martis) June 5, 2024