During the 2008 housing crisis banks were throwing loans around like confetti…now instead of home loans it’s auto loans.
— midGRAY (@_midGRAY) November 20, 2024
Its starting to affect consumer spending:
Target $TGT with a huge earnings miss.
Stock is now down 17% in premarket trading
The consumer is tapped out 💀 pic.twitter.com/BJNphAbPeA
— QE Infinity (@StealthQE4) November 20, 2024
The odd of recession is over 50%:
2/ Recession predictions have been a constant feature in the news over the past couple of years
The Federal Reserve Bank of New York’s model has predicted a 50% chance of a recession for the last 16 months pic.twitter.com/tbbUYKy0FG
— Bravos Research (@bravosresearch) November 19, 2024
$TLT just had its highest outflow since the covid-19 crash.
It was a GREAT contrarian indicator back then.
And I have the same feeling this time. pic.twitter.com/nBkkxDOCo7
— Guilherme Tavares (@i3_invest) November 19, 2024