Is the US economy falling into a recession?
US Q1 GDP growth was only 1.3%, below the 1st data reading of 1.6%.
At the same time, Core PCE Price Inflation Index was 3.6%, acutely up from 2% in Q4 2023.
This is the worst scenario for Fed.👇👇https://t.co/YKUIvPmqXt
— Global Markets Investor (@GlobalMktObserv) June 23, 2024
Bitcoin VS Nasdaq
Update .
Bitcoin started its topping formation, Nasdaq will soon follow .
The sell off pending , can be described in two words.
BIBLICAL .
🚨 https://t.co/35k1Kzm0WO pic.twitter.com/qzzIqe2xxV
— The Great Martis (@great_martis) June 23, 2024
Hard to believe but this was a 60% crash in the markets in 2008.
How do you explain such an insane pop since without pointing the finger at QE, stimmies, and money printing?
But everyone thinks they are genius investors since 2008. 🤦♂️ pic.twitter.com/2hpMLhro8T
— QE Infinity (@StealthQE4) June 23, 2024
JUST IN: Market sentiment among 206 global fund managers managing $640 billion assets is the most bullish since November 2021.
Sentiment started improving in March 2023 when the Fed responded to the US regional banking crisis with the Bank Term Funding Program.
Since then, the… pic.twitter.com/akio6rDjCZ
— The Kobeissi Letter (@KobeissiLetter) June 23, 2024
THIS IS INCREDIBLE:
Nvidia's Executives have been selling their shares at the FASTEST PACE EVER.
20-day sum of net insider selling has hit almost $450 million, more than double the 2022 amount.
Do Nvidia's insiders know something or are they just realizing record profits? pic.twitter.com/ir3bIAs87q
— Global Markets Investor (@GlobalMktObserv) June 23, 2024