2/ Initial jobless claims has been rising throughout 2024
Which points to a slowly weakening labor market pic.twitter.com/Uf9VtSYRZG
— Game of Trades (@GameofTrades_) July 30, 2024
4/ A rise in claims has also coincided with sharp market declines pic.twitter.com/YyyynzYOhb
— Game of Trades (@GameofTrades_) July 30, 2024
6/ In 2024, claims have risen from 190,000 to 240,000 → A +20% increase pic.twitter.com/Co37ul9J82
— Game of Trades (@GameofTrades_) July 30, 2024
8/ Even the yield is nearing a recessionary signal after being inverted since 4th July 2022 pic.twitter.com/yow3XniHjj
— Game of Trades (@GameofTrades_) July 30, 2024
10/ Therefore, we’re closing watching the inverted yield curve
Which usually moves above the 0% line (un-inversion) right before a recession pic.twitter.com/0II3uBK4Fk
— Game of Trades (@GameofTrades_) July 30, 2024
"The Goldman Vol Panic index is the highest it has been in two years."
GS Morgan via @zerohedge pic.twitter.com/UE34kcyOsD
— Daily Chartbook (@dailychartbook) July 31, 2024
this was the bullish signal pic.twitter.com/xy4HGpCjBc
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) July 31, 2024