Economy is in LATE CYCLE. Recession is building, and the market is about to confront the limits of manipulation and policy.
The fraud in the financial system is even more rampant today 😡
The whole thing is RIGGED much like 2008 in some ways. pic.twitter.com/xB1exGyhWa
— QE Infinity (@StealthQE4) September 9, 2025
https://x.com/INArteCarloDoss/status/1965416983782195242
When gold rips like this it doesn’t smell of prosperity it reeks of fear. Central banks hoard when the system’s foundations are cracking. $3650 isn’t price discovery it’s a confession. The dollar is bleeding out, bonds are choking, and the world is sprinting back to hard…
— Shanaka Anslem Perera ⚡ (@shanaka86) September 9, 2025
Economy is in LATE CYCLE
BUT – it does not mean that market falls out of bed right here and now.
We still have a strong BULL MARKET in Risk Assets – but it is coming to a spiky End.
If you want Real Macro based on Business Cycles – consider signing up for The Zeberg Letter…
— Henrik Zeberg (@HenrikZeberg) September 9, 2025
Remember….
We are LATE CYCLE!
This is not what you see into a Recovery https://t.co/ONUioPhtVZ
— Henrik Zeberg (@HenrikZeberg) September 9, 2025
1/3 of the country is most likely already in recession. pic.twitter.com/IF277VdVMA
— Uncle Milty’s Ghost (@his_eminence_j) September 9, 2025
Tell me we are early phase/cycle again….
One chart! 👇 https://t.co/NNDsKobT62 pic.twitter.com/xGvcmfHGDO
— Henrik Zeberg (@HenrikZeberg) September 9, 2025
JUNE 2024: ME MAKING THE CALL AND DOUBLING DOWN IN DEC 2024:
"RECESSION RISK WILL BE PULLED FORWARD END OF 2025"
WE THEN HAD TARIFF GROWTH SCARE IN APRIL THAT PULLED FORWARD RECESSION RISK, REMEMBER?
TARIFF – BESSENT IMMEDIATELY PUSHED BACK TARIFFS 90 DAYS AND AT 1:15 APRIL… pic.twitter.com/uEtrYq8IKU
— Samantha LaDuc (@SamanthaLaDuc) September 9, 2025
Stock market used to be a leading indicator for economy. However, due to passive index investing and momentum investing (CTAs, retail chasing momentum stocks, etc.) it's now likely a lagging indicator for economy.
— Marko Kolanovic (@markoinny) September 9, 2025