Permanent job losses have been on the rise
A spike in this metric has sysmtematically led to a recession
Current rate of increase is comparable to:
– Dot Com bubble
– Financial Crisis
– PandemicAll three instances experienced significant economic downturns,
Resulting in… pic.twitter.com/yB2EPvxOV6
— Bravos Research (@bravosresearch) October 18, 2023
60bps away from starting our recession countdown https://t.co/E9Ic6wMFv1
— Don Johnson (@DonMiami3) October 18, 2023
What's wrong with this market.
Corporate bonds challenging the lows of last October.
Equity Vol complacent.
No speaker of the House. And no Fed bailout. pic.twitter.com/IKHL3DJ5IK
— Mac10 (@SuburbanDrone) October 18, 2023
Most investors only pay attention to the $VIX when it comes to looking at market volatility, but small-cap volatility is just as important.
The $RVX has been steadily climbing dating back to September. pic.twitter.com/WgcJx6qwrN
— David Dierking (@David_Dierking) October 18, 2023
The United States Now Has:
1. Involvement in multiple wars around the world
2. Beginning of a new trade war with China
3. Record low oil inventories with $90 oil prices
4. CPI inflation back up to a 5-month high
5. Least affordable housing market in history
How is inflation…
— The Kobeissi Letter (@KobeissiLetter) October 18, 2023
$MS Also making new 52-week lows today 🩸 pic.twitter.com/pyn4dvNoSH
— TrendSpider (@TrendSpider) October 18, 2023