Recent stock market surge deviates from reality, with fund managers buying overvalued stocks to catch up, pushing the market higher.
https://twitter.com/MFHoz/status/1674879653008359424
Look at NAIIM, they are fully invested now.
— The Macro Pulse (@TheMacroPulse) June 30, 2023
Nine months down, and nine months up.
And what a load of bull shit we've had to suffer in the meantime.
I suggest bulls are about to get what's over due. pic.twitter.com/i23y1ghM1q
— Mac10 (@SuburbanDrone) June 30, 2023
The Nasdaq is on track for its best first-half of the year since it was created in 1972
Almost all of the gains in tech stocks this year are thanks to AI pic.twitter.com/MwXfkiN84i
— Genevieve Roch-Decter, CFA (@GRDecter) June 30, 2023
Bulls, you would fail 3rd grade pattern recognition.
And logic. pic.twitter.com/GwQCUOPiya
— Mac10 (@SuburbanDrone) June 30, 2023
This is the chart of the week, the month, and the first half:
Bulls, just remember the key feature of a one-sided market – getting in is easy. pic.twitter.com/0RCti7Rkj9
— Mac10 (@SuburbanDrone) June 30, 2023
https://twitter.com/NorthmanTrader/status/1674834906126462976
A massive debt wall is about to hit Corporate America, and equity values will be 'incinerated,' Chamath Palihapitiya has said.
— unusual_whales (@unusual_whales) June 30, 2023
“Banks represent 54% of the overall $5.7 trillion commercial real estate market, with small lenders holding 70% of the loans in that market…”
Source: https://t.co/VLToXTCjYi
— Gold Telegraph ⚡ (@GoldTelegraph_) June 30, 2023