Independent thinking for complex markets and current events
Despite the recent market-rescue efforts, Chinese real estate is now seen as the number one source for the next global credit event among investors surveyed by Bank of America Corp. (Bloomberg) — A spurt of home sales in China’s biggest cities is losing momentum less than two weeks after authorities loosened mortgage restrictions, raising doubts …
Technology stocks are literally carrying the entire stock market: The Nasdaq 100 to Russell 2000 ratio just hit an all time record of 8.3x. Even in the 2001 Dot-com bubble crisis, this ratio peaked at 8.1x. At the start of 2020, the Nasdaq 100 to Russell 2000 ratio was just… pic.twitter.com/EYE4gMmIt1 — The Kobeissi Letter …
The prominent head of an investment firm has issued a sobering warning against a tech stock that has surged by 232 per cent so far this year. US computer chip-maker Nvidia (pronounced en-vid-eya) has had an unprecedented time on Wall Street in the past few months, with the business posting a record revenue of $21 …
“As Canadian, I strongly believe that this country will face one of the biggest collapse in housing bubble. This government, speculators could try to delay it, but no one could stop it. The fact is here, and no one can deny ! History repeats itself, is chosen. It has begun!” As Canadian, I strongly believe …
The equity risk premium (ERP) is at the lowest level since 2006 Indicating that stocks are very expensive relative to bonds pic.twitter.com/5tysUfs1Hy — Bravos Research (@bravosresearch) September 4, 2023 This ratio hit levels comparable to the Dot Com bubble We all know how it ended back then… pic.twitter.com/gb9Uzm7MPj — Bravos Research (@bravosresearch) September 5, 2023 …
by confoundedinterest17 You know Bidenomics isn’t working at all when the best I can say about it is … the current housing bubble isn’t as bad as the house price bubble of 2006. We are truly in Biden’s ShamWow economy! Yes, if I look at real home prices less real median earnings we can see that …
by myironlung6 Gather round for some Big Short, Margin Call level shit… The goal of this post isn’t to accuse any financial firm or Nvidia of breaking any laws because we all know our existing laws let the big dogs do whatever the fuck they want with zero consequences. It’s to start figuring out whether we’re …
https://www.bloomberg.com/news/articles/2023-09-04/jpmorgan-s-matejka-says-us-stock-market-complacency-is-worrying?srnd=premium#xj4y7vzkg Note: this is why i am currently seeking cheap valued resilient dividend yielding european stocks. h/t gewur33
Tech stocks have now seen their longest streak of inflows since September 2021. Year-to-date, tech funds have seen a total of $34 billion of inflows. To put this in perspective, the second largest category is consumer funds with just $4 billion. Meanwhile, just 5 tech stocks… pic.twitter.com/xFHxJcR8Du — The Kobeissi Letter (@KobeissiLetter) September 3, 2023 …
h/t Medium-Hotel4249
via Mike Shedlock: Some deny there is a housing bubble. I believe the bubble is obvious. Case-Shiller home price index and Real Disposable Income via St. Louis Fed, chart by Mish. Chart Notes Case-Shiller is a measure of repeat sales of the same house. This is a far better measure than average or median prices …
by FATKEDLUVSCAKE As you all know the world is in one massive housing bubble. We have all seen the massive Evergrande completely collapse. Institutions like Charles Schawb jacked to the tits on mortgage back securities to the tune of 180 billion plus. These CDOs that they could have sold but didn’t, proves they have been …
Canada likely sitting on the largest housing bubble of all time: Strategist The Canadian housing market is at high risk of unravelling, according to one expert. The level of debt that Canadians have taken on in comparison to their incomes has put many in a precarious position should mortgage rates continue to rise — which …
We've never seen this before. A buffoonish level of complacency in a global RISK OFF event. pic.twitter.com/GgJPZWs1fP — Mac10 (@SuburbanDrone) August 19, 2023 There is a high probability that Powell will finish off China this week. And then U.S. gamblers will wish they had a map with more than one country on it. pic.twitter.com/90cy9Cz38j — …
by KuntFuckula I was looking at historical data (week-to-week) on Yahoo Finance for the Nasdaq from Dec ’00 – Dec ’03 during the DotCom Bubble, and here’s a quick synopsis of what I saw and it made me think about where we are today: The Nasdaq hits its ATH at 2936 during the week of Dec …
https://twitter.com/theyhatemetoo/status/1690114764704481281 Homebuyers spend 40% of income on mortgage, exceeding 2008 high. Homeowners are now spending a record 40% of their gross income on their mortgage. This is ABOVE the 2008 high of 39% and up sharply over the last 2 years. After paying income taxes and mortgage costs, most homebuyers have less than 30% of …
Blackrock Exits US Markets to Avoid Corporate Debt Bubble due to Black Swan event on the Horizon
by eichenes https://arstechnica.com/security/2023/08/microsoft-cloud-security-blasted-for-its-culture-of-toxic-obfuscation/
Earnings a mixed bag after hours – Amazon up, Apple down. We'll see what happens tomorrow. The real story is the back up in bond yields, now heading to the 2023 highs. We are one too-hot data point away from breakout. pic.twitter.com/CLOOQnrAgs — Mac10 (@SuburbanDrone) August 3, 2023 This Apple report should be it for …
https://twitter.com/Econimica/status/1686999658483314688 Stages of a Super Bubble (used S&P 500 from 2010 to 2023). There's nothing to fear, Minsky Moment is here… pic.twitter.com/tdc025i3pd — Minsky Moment (@BP_Rising) August 2, 2023 https://twitter.com/Econimica/status/1686861898225246208
The UK housing market sees weak activity caused by rising interest rates, pushing mortgage rates above 6 percent for home buyers and existing mortgagors looking to refinance. British house prices fell by the most since 2009 in the 12 months to July, according to mortgage lender Nationwide, as the drag from rising interest rates on …
via JAMES RICKARDS: There are signs of recession everywhere and these are good indicators. It’s not just sentiment or guesswork. I’m not going to get into the weeds here, but things like inverted yield curves and negative swap spreads, among other indicators, are all pointing to recession. In addition to those technical indicators, manufacturing is …
By Graham Summers, MBA Everything changed for the financial system in March 2023. What happened then? The Fed and the Treasury implemented a backdoor bailout of the banking system. If you’ll recall, in late February/ early March 2023, a number of smaller/ regional banks failed in the U.S. While we say these banks were “small” …
via Mike Shedlock: Case-Shiller home price indexes are again on the rise. What’s going on? Case Shiller National and 10-City home prices indexes plus OER, CPI, and Rent indexes from the BLS. Chart Notes The latest Case-Shiller home price indexes is for May. It represents repeat sales of the same house in roughly a March-April …
Colleague of mine moving out of Dallas because they can't afford their 3400 sq ft house anymore. Listed it for RENT for $6500/month 3 months ago. Zero interest. Seriously, who is going to pay $6.5k/month when you can buy a new build for $4k/month? 🤡😂🤡😂 — AKM (@akm515) July 20, 2023 Rental market right now: …
(7a) Lower Priced Teslas The average price of a used Tesla is over $24k lower than the peak last July. Video: https://t.co/uwLwbR3ssh pic.twitter.com/9qfGaCetiH — Charlie Bilello (@charliebilello) July 19, 2023 h/t Simian_Stacker
#recession … #GFC2 #Corporate #Debt Bubble edition https://t.co/rp8zeG3gFQ — Invariant Perspective (@InvariantPersp1) July 22, 2023 A $5 billion company straight to liquidation.https://t.co/AjU8BVg3rb https://t.co/JUjGFGFuDh — Danielle DiMartino Booth (@DiMartinoBooth) July 21, 2023
#recession … #Tech Bubble 3.0 edition https://t.co/Eqq0KrS0eF — Invariant Perspective (@InvariantPersp1) July 21, 2023
