Now central banks can't prevent collapse, and they can't stop collapse.
We have achieved global monetary euthanasia. pic.twitter.com/KRSfEnTuYV
— Mac10 (@SuburbanDrone) June 9, 2024
42% of Russell 2000 firms are unprofitable $IWM pic.twitter.com/xtC4Ur9j0o
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) June 9, 2024
I think the more the Fed has to stay “higher for longer” the more you’re going to see this happening with banks. pic.twitter.com/Quz9t0jhtg
— QE Infinity (@StealthQE4) June 8, 2024