1970s inflation vs 2020s inflation:
When you compare the inflation rates from 1972-1976, it’s almost identical to today.
However, 2 years later we saw inflation spike to 11%.
The peak inflation rate in the 1970s aligns perfectly with the 2022 peak.
Are we about to see another… pic.twitter.com/SXwTUEdhh2
— The Kobeissi Letter (@KobeissiLetter) August 24, 2023
The rundown continues but we haven't seen a significant drop in BTFP & OCE emergency funding that we saw in REPO in January 2020 & September 2008.
The wait for the Fed's rug pull continues. https://t.co/atlagmZ8A8
— Financelot (@FinanceLancelot) August 24, 2023
Bulls, you're going to need a new scam.
What haven't you tried recently?
Think outside the jail cell. pic.twitter.com/JmNcyDvn8L
— Mac10 (@SuburbanDrone) August 24, 2023
Stock gamblers NOT ready for a hawkish Powell:https://t.co/5REktR5SLP
"Pricing in the options market shows expectations of a 0.9% move in the S&P 500 Index""A hawkish Powell at Jackson Hole last August sank the S&P 500 by 3.4%" pic.twitter.com/hSRYB1L6yv
— Mac10 (@SuburbanDrone) August 24, 2023
Existing home sales tend to lead S&P 500 earnings by 10 months
With home sales plummeting, earnings are likely to surprise to the downside pic.twitter.com/yXi7RIkpoa
— Bravos Research (@bravosresearch) August 24, 2023