The economy is set to deteriorate in H2 2023
Leading economic indicators are contracting at levels that have systematically led to a recession pic.twitter.com/yfkauSs92X
— Game of Trades (@GameofTrades_) June 11, 2023
Gerald Celente: Banking Collapse Will Get Much Worse
Gregory Mannarino: Another MAJOR CRISIS is Coming… COUNT ON IT!
Key Buyer is Days from Exiting the Market
Beware: Bear market probability model is at an unprecedented level pic.twitter.com/gg410icoI0
— Game of Trades (@GameofTrades_) June 11, 2023
The Motley Fool:
"This Bull Market Indicator Has "Never" Been Wrong"t.co/HoxXYmVjnG"Once stocks are >20% off bear lows a year later stocks have never been lower"
"Never". Since 1956:
1930: pic.twitter.com/R4niUsQ3He
— Mac10 (@SuburbanDrone) June 11, 2023
Net % of banks tightening lending standards is now at Dotcom levels – historically been associated with recessions as banks cut risk during harder times.
The credit spread remains suppressed still but usually plays catch up. pic.twitter.com/zyUlh6mRdq
— Don Johnson (@DonMiami3) June 11, 2023
tapping the ponzi piggy bank
HELOC search reaches all time high pic.twitter.com/Rj2Lrgp1fO
— Darth Powell 🦈🇺🇲🇺🇦🇵🇱🇫🇮 (@GRomePow) June 12, 2023
Americans owe nearly $1 trillion in credit card debt—here’s the breakdown by age
"Companies are sitting on ~$200 billion of excess inventory" – MS
The bullwhip effect is just getting started pic.twitter.com/jkMIgNqpwg
— zerohedge (@zerohedge) June 11, 2023
The Fed's interventions to save the banking sector now exceed 2020 right before the crisis hit.
The Fed's newly created Other Credit Facility & Bank Term Funding Program total $278 billion, exceeding $255 in 2020 and $133 in 2008
High Yield Option-Adjusted Spread looks the same pic.twitter.com/sZoRAjPKDQ
— Financelot (@FinanceLancelot) June 11, 2023