Australia and Canada cut rates, now inflation is re-accelerating in both those countries.
Europe cut rates, now stocks are imploding.
China cut rates, now they're in recession.
All U.S. investors want to know is why can't we cut rates too? pic.twitter.com/MNS8k7kIso
— Mac10 (@SuburbanDrone) June 27, 2024
Ho lee fuk
Emergency rate rises needed.
It's over !!!!! pic.twitter.com/qFacKuG6mu
— The Great Martis (@great_martis) June 27, 2024
Worst possible data for stock market bull thesis.
Inflation revised up. Consumer spending big miss. Jobless claims inline.
All that means Fed isn't coming to the rescue with cuts as the economy deteriorates.
Forget that a market maker was offsides on semicon call hedges this… pic.twitter.com/FYHLLrrb0N
— RJR Capital (@RJRCapital) June 27, 2024
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