Next week will be interesting because many charts are indicating market weakness which lines up with week 21. https://t.co/ggQXxGybX0 pic.twitter.com/U2aMp07RLv
— Financelot (@FinanceLancelot) July 29, 2023
Here's an interesting chart.
Volatility spikes have been occurring on the same weekly intervals the last two cycles. Weeks 8 & 17 are common across both, implying a large vol spike on week 21 (next week)
This also aligns with the 2020 repeat pattern shown in the thread below 👇 https://t.co/dtqwUCQkpl pic.twitter.com/qE7cffErLD
— Financelot (@FinanceLancelot) July 27, 2023
The Final Countdown continues. https://t.co/2RhyVZh9fE pic.twitter.com/P7Hf3b0g2L
— Financelot (@FinanceLancelot) July 28, 2023
"The economy is strong" 😉📉pic.twitter.com/NrZTdQUu4H
— Financelot (@FinanceLancelot) July 29, 2023
This chart sums up this entire con job:https://t.co/gOzKpBpkFd
100% fraud.
Bulls, accept no substitutes. pic.twitter.com/ITfVwYzwYo
— Mac10 (@SuburbanDrone) July 29, 2023
Today is going to be a bad day for this chart…
Liquidity debate @dampedspring & @crossbordercap airing later today 🔥🔥🔥
One point agreement between Andy & Michael: in and of themselves, aggregates of central bank reserves are NOT reliable predictors of risk assets pic.twitter.com/7MiANh8NuG
— Jack Farley (@JackFarley96) July 27, 2023
This is one big #recession chart!https://t.co/1n8jQ9TWa5 pic.twitter.com/sIXwUUKELV
— jeroen blokland (@jsblokland) July 29, 2023
#recession … #GFC2 US #Consumer edition#RetailSales 📉 👀 https://t.co/s8tJrM6Iga
— Invariant Perspective (@InvariantPersp1) July 30, 2023
Corporate BOND spreads imply MAJOR PROBLEMS for #equities expectations and valuations…and CRASH DEAD AHEAD$SPX $SPY $ES_F pic.twitter.com/aV58yReLAk
— @mcm_ct_usa (@mcm_ct_usa) July 29, 2023
Some have asked why I don't think the U.S economy gets a soft landing in the end.
Commercial and industrial credit demand is falling faster than during Covid, the 1990/2000 recessions and almost as much as the GFC.
Chart: Bloomberg via @RadicalAdem pic.twitter.com/IYyMWyP4Kq
— Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) July 29, 2023
The art market goes sub-50 basically whenever PMI goes sub-50, since it's basically one big related liquidity trade. https://t.co/98wdp3VpJ0 pic.twitter.com/qskGttSHgQ
— Lyn Alden (@LynAldenContact) July 29, 2023
US Consumers Are Running Out of Cash and Piling Up Record Credit Card Debt
Americans’ financial health is showing signs of strain, as pandemic-era savings deplete and credit card debt hits record levels, recent Federal Reserve data indicates. During the pandemic, direct stimulus spending allowed for lower credit card debt and a surge in savings, amassing a collective $2.3 trillion. However, Gen Z and millennials are now seeing significant credit card debt increases, and the overall cash balance in American households is at its lowest since April 2020. With inflation persisting and the student-loan payment pause potentially expiring in September, further economic distress is feared. Despite positive trends in wages and GDP, many Americans continue to struggle with mounting bills and dwindling savings, challenging the economic recovery narrative.