One must wonder how much a 6% GDP deficit in a 2% GDP economy is hiding actual recession.
Here is the monthly hiring rate: pic.twitter.com/nVNbmA9ANm
— Mac10 (@SuburbanDrone) August 8, 2024
Simple https://t.co/pnXlhL7zAN pic.twitter.com/mPqlutVkDc
— Alessio (@AlessioTMAD) August 8, 2024
https://twitter.com/RJRCapital/status/1821526742135079234
This is the highest S&P 100 (mega cap) volume since the pandemonium.
The top is looking identical to 2022 but the low must hold amid what will likely be a system test on record volume.
Best case scenario, new bear market. pic.twitter.com/akd0xGZmh5
— Mac10 (@SuburbanDrone) August 8, 2024
What's next for stockmarkets?
Monday's crash evoked memories of the 1987 "Black Monday" crash.
Do we bounce back like 1987 or are we facing another 2008 market collapse? pic.twitter.com/4WCgsQIeU8
— Peter St Onge, Ph.D. (@profstonge) August 8, 2024