The 2008 market crash began September 2nd with the complete collapse starting 30 days later on October 2nd.
Seems we're on the verge of history repeating. https://t.co/yEVszRR80W pic.twitter.com/nmIV9Gllkz
— Financelot (@FinanceLancelot) August 15, 2023
The FANG+ index almost perfectly re-tested its prior highs from late 2021, and recently formed what appears to be a double top.
Megacap tech stocks are yet to be impacted by the structural increase in 10-year yields. pic.twitter.com/fEFqHClNlW
— Otavio (Tavi) Costa (@TaviCosta) August 15, 2023
https://twitter.com/leadlagreport/status/1691491363622203409
Amidst high interest rates, banks have been rapidly tightening their lending standards
The demand for commercial and industrial loans is currently contracting at levels that were last seen in 2000 and 2008
Both instances resulted in a recession pic.twitter.com/bYy7QdIZa1
— Bravos Research (@bravosresearch) August 16, 2023