Markets are RED
https://finviz.com/futures.ashx
Money-market funds are offering the highest yields since **2007**
The yield on 100 of the largest mm funds recently hovered at 5.13%, highest in 16 years –Crane Datahttps://t.co/5pmUpnhAae @WSJmarkets pic.twitter.com/eTNjZdcaod
— Gunjan Banerji (@GunjanJS) August 8, 2023
https://twitter.com/leadlagreport/status/1688894857132085248
Speculators are more short treasuries now than they ever have in history… at a time when data suggests a recession and a decline in rates are coming. Who's ready? pic.twitter.com/G5dFNj2Btw
— Swordfish (@Swordfishv44183) August 8, 2023
Another large increase in long-term treasury issuances on record.
Almost $120B just in the last 3 months.
We are taught in business schools that bonds commonly face three primary risks: interest rates fluctuations, inflation pressures, and the possibility of default.
It's… pic.twitter.com/YoZgRCHNgv
— Otavio (Tavi) Costa (@TaviCosta) August 7, 2023
For the first time in 2.5 years, credit card debt fell in June by $605 million.
At first, this seems like a great sign after credit card debt has soared to record highs.
But, what does it mean when consumers drastically cut spending?
More importantly, what does it mean when… pic.twitter.com/wTUlEsqkYG
— The Kobeissi Letter (@KobeissiLetter) August 8, 2023
They said this before and I agree with you that I’ll happen soon- especially when they’re screaming bull at the top of their lungs. pic.twitter.com/Wt7dyNlfTB
— Unicus (@UnicusResearch) August 8, 2023
New Banking Regulations Could Sink the Economy
A Commentary By Stephen Moore
Banking is just about the most regulated industry in America
More At Rasmussen Reports: https://t.co/O8TvylWF7H pic.twitter.com/WXpstlgq3m
— Rasmussen Reports (@Rasmussen_Poll) August 8, 2023
#China’s #exports, #imports fell at much faster pace in July amid weaker demandhttps://t.co/9gd2dGyVxp
— YUAN TALKS (@YuanTalks) August 8, 2023
⚠️BREAKING:
*U.S. STOCK FUTURES TUMBLE, VIX JUMPS AFTER WEAK CHINA DATA, MOODY'S DOWNGRADES BANK STOCKS https://t.co/RDOm3mSVqE$DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸 pic.twitter.com/nPBct5tyl9
— Investing.com (@Investingcom) August 8, 2023