The direction of asset prices, such as stocks or commodities, tends to be influenced by prevailing sentiment or emotions among investors.
#recession … #GFC2 US edition
Still calling it a "vibecession"? 🤔
Price follows #sentiment 📉 and the similarities to 2008 keep piling up! https://t.co/lt7f2EruAT pic.twitter.com/ywYKv6cSAf— Invariant Perspective (@InvariantPersp1) October 30, 2023
Dallas Fed = -19.2 = back at 3Mo lows.
Internals = no bueno pic.twitter.com/b4RBsuR2wl
— Christian B. Drake (@HedgeyeUSA) October 30, 2023