If it’s worse than 2008 while markets are at all-time highs, how bad will it get when markets sell off 60% to 80%?

If it's worse than 2008 while markets are at all-time highs, how bad will it get when markets sell off 60% to 80%?

2008 is going to look like a fun field water park. https://t.co/Esen1DAGwf

— The Great Martis (@great_martis) December 4, 2024

WARNING: Housing defaults have just skyrocketed

This is unlike anything we’ve seen in a decade pic.twitter.com/KmNOvU7wRA

— Bravos Research (@bravosresearch) December 4, 2024

The market cared about the reverse carry trade for just two days, everyone then turned bearish, and the market ripped.

Now no one thinks it will matter again – a necessary precursor which is exactly why it matters again.

— Michael A. Gayed, CFA (@leadlagreport) December 4, 2024