In 2008 the soft landing dream was alive through the end of August, 9 months into the recession.t.co/SkNWeYEFFu
— Eventually Consistent Capital (@EventuallyCC) August 8, 2023
“Soft landing” news on @business is now higher than in 2000 and 2007. #macro t.co/4hl26TWkMQ pic.twitter.com/j329uSp4ch
— Kantro (@MichaelKantro) August 8, 2023
Demand for bank loans in the corporate sector just fell to their lowest since 2008.
There is nearly half as much demand as what we saw in 2020 when the economy was completely locked down.
Both the US and Europe have seen massive drops in demand for bank loans.
Meanwhile, the… pic.twitter.com/Gfx04a5UlV
— The Kobeissi Letter (@KobeissiLetter) August 8, 2023
In the last day:
Emergent Bio – 400
Rapid7 – 470
Klaussner Furniture – ~1,800
Rubbermaid – 500
Wellmore Energy – 135
Memorial Health System – Hundreds
Zulily – unknown
YRC – bankruptcy pending (30,000)
Amazon – relocate or resign policy
West Virginia University -…— Don Johnson (@DonMiami3) August 8, 2023
USED 🚗 CARS pic.twitter.com/XMN6oMCg1B
— Win Smart, CFA (@WinfieldSmart) August 9, 2023
Still money 💰 sloshing around pic.twitter.com/oh4qJfy5uL
— Win Smart, CFA (@WinfieldSmart) August 9, 2023