lowest

The S&P 500 risk premium shrank to near zero this week, the lowest level since 2002. The Titanic is about to hit the iceberg

The S&P 500 risk premium shrank to near zero this week, the lowest level since 2002 pic.twitter.com/5nzx4fuOMX — unusual_whales (@unusual_whales) November 14, 2024 Last "week’s widening move in swap spreads appears to reflect a measure of de-regulatory optimism, particularly with regards to SLR relief for US Treasuries." – JPMorgan Ramaswamy via @tracyalloway pic.twitter.com/EY1PsSxc7L — Daily …

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Argentina’s monthly inflation drops to 2.7%, the lowest level in 3 years

Argentina’s inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei who came to power almost a year ago promising to pull Argentina out of a dire economic crisis. Argentina’s statistics agency on Tuesday reported October’s number. In September, inflation was 3.5%. On an …

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US job openings drop to 7.44 million, lowest since January 2021

The latest report from the Labor Department reveals a concerning trend in the U.S. labor market: job openings have dropped to 7.44 million as of September 2024, down from 7.86 million in August. This decline marks the lowest level of job openings since January 2021, signaling potential trouble ahead. This reduction in job availability indicates …

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Bungle In The Economic Jungle! Existing Home Sales Decreased to 3.84 million SAAR in September, New Cycle Low (Lowest Since 2010)

by confoundedinterest17 We are in the jungle. And its a bungle in the economic jungle. Existing home sales disappointed (yet again) in September, declining 1.0% MoM (vs expectations of a 0.5% MoM rise). August’s 2.5% MoM drop was revised up to a 2.0% MoM drop, but still left existing home sales down 3.5% YoY… Source: Bloomberg Total sales …

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The Empire Strikes Out! Empire Manufacturing Index Crashed From +11.5 to -11.9, Lowest Since May (Yield Curve Remains Downward/Upward Sloping)

by confoundedinterest17 Perhaps Harris/Walz should adopt the Imperial March from Star Wars as their theme song. Between Biden/Harris uncontrolled immigration disaster helping to destroy New York City, Harris’ statement that she won’t do anything differntly from Biden/Harris is alarming. The NY Empire survey crashed from +11.5 to -11.9 – the lowest since May. That is the biggest MoM drop …

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Cato’s 2024 Fiscal Report Card ranks Kim Reynolds highest and Tim Walz lowest.

The Cato Institute has released its much-anticipated 2024 Fiscal Report Card on America’s Governors, and the results are both revealing and polarizing. Iowa Governor Kim Reynolds earned the highest score for her fiscal policies, while Minnesota’s Tim Walz found himself at the bottom of the rankings. This report scrutinizes the fiscal record of each governor, …

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Hiring in the US has fallen to the lowest point since measurements began in 2005.

by Stargazer5781 The Challenger Report published an article indicating that hiring in the US has fallen to the lowest level since they began tracking the data in 2005, even lower than the worst periods of the Great Recession. “U.S.-based employers announced 75,891 cuts in August, a 193% increase from the 25,885 cuts announced one month prior.” …

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Chinese Stocks fall to lowest prices since January 2019. 3-year yields close near record lows.

BREAKING 🚨: China Chinese Stocks fall to lowest prices since January 2019 pic.twitter.com/It0LO0kZkC — Barchart (@Barchart) September 12, 2024 China 3-Year Yields Close Near Record Lows pic.twitter.com/r7Pu9jg8lr — Sunchartist (@sunchartist) September 12, 2024 2/8The article goes on to note that "in 2018, at the height of VC investment, 51,302 start-ups were founded in China, according …

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Gasoline at its lowest price since 2021. Disinflation has broadened. All commodities (obviously ex-Gold) pricing in a hard landing?

BREAKING 🚨: Gasoline Gasoline at its lowest price since 2021 ⛽️ pic.twitter.com/haxWbzL6WA — Barchart (@Barchart) September 9, 2024 Disinflation has broadened. via BofA Juneau pic.twitter.com/IB5f6kWZOU — Daily Chartbook (@dailychartbook) September 9, 2024 All commodities (obviously ex-Gold) pricing in a hard landing? Performance since 20th May which was the high for many of them (mainly copper) …

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U.S. Dollar Index $DXY on track for lowest close since July 2023. People think they’re getting richer as the market goes up but in real terms not really.

U.S. Dollar Index $DXY on track for lowest close since July 2023 👀 pic.twitter.com/QttP92aA3K — Barchart (@Barchart) August 23, 2024 This is crazy. People think they’re getting richer as the market goes up but in real terms not really. https://t.co/dytRkimwVe — QE Infinity (@StealthQE4) August 23, 2024 Wall Street’s reaction to the Fed’s impending rate …

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Lumber prices plunge, signaling sharp slowdown in US housing and economic conditions… Housing Permits plunge 4.0% to 1.396, lowest since June 2020

BREAKING: Lumber prices have declined to their lowest level since the 2020 pandemic, down 80% in 2 years. Lumber is a leading indicator for the US housing market, global economic conditions, and inflation. The rapid drop in lumber prices suggests that the US residential… pic.twitter.com/Ksc6aqczI0 — The Kobeissi Letter (@KobeissiLetter) August 15, 2024 Housing Permits …

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Inflation falls to 2.9%, lower than expectations.‬ Consumer price growth has slowed to its lowest levels in the post-pandemic period.‬ ‪The first interest rate cuts since 2020 should come in September.‬

by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year before and the 3% before. So we are only 21% higher than 4 years ago. …

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Financials are at a record high in bullishness, while the S&P 500’s revenue beat rate is at its lowest since the fourth quarter of 2016.

Financials Bullishness pic.twitter.com/6tEnWECJJ6 — Win Smart, CFA (@WinfieldSmart) July 25, 2024 S&P 500's earnings beat rate is still healthy at nearly 79%, but the revenue beat rate is currently at its lowest since the fourth quarter of 2016 pic.twitter.com/7QmvLufdG1 — Win Smart, CFA (@WinfieldSmart) July 25, 2024 https://twitter.com/MichaelAArouet/status/1816441931850797083 The streak of days without a 2% …

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China foreign direct investment -28.2% yoy. Lowest since January 2009.

China’s Foreign Direct Investment (FDI) has indeed seen a significant decline. As of the latest reports, FDI into China dropped by 28.2% year-on-year, marking the lowest level since January 2009. This decline reflects broader economic challenges and shifts in global investment patterns. https://twitter.com/joosteninvestor/status/1813953331217436971

M&A activity in the US and Canada hit its lowest since the pandemic… 33 million US small businesses face worst outlook in 50 years

"M&A activity across the US and Canada slowed in the second quarter of 2024 to the lowest level since the early days of the pandemic, owing to relatively high interest rates and financing challenges."@SPGlobal pic.twitter.com/Vd9ervi16o — Daily Chartbook (@dailychartbook) July 17, 2024 There are 33 MILLION small businesses in the US, 44% of GDP. They …

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This earnings period is the lowest liquidity period of the year due to summer volumes and stock buyback blackouts.

Tech earnings are bracketed by Netflix this Thursday and Apple two weeks later with most of the other mega caps in between, except Nvidia which is off cycle. This earnings period is the lowest liquidity period of the year due to summer volumes and stock buyback blackouts. Here… pic.twitter.com/AfMizxDkxt — Mac10 (@SuburbanDrone) July 15, 2024 …

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Speculative positioning in US equity index futures is at all-time highs. Total Put/Call Ratio drops to the lowest level since August 2015

Speculative positioning in US equity index futures is at all-time highs 🚨 https://t.co/TanGdixabv pic.twitter.com/VUXve06IL3 — Markets & Mayhem (@Mayhem4Markets) July 8, 2024 Asset Managers’ exposure to US equity futures hits a record high. https://twitter.com/Barchart/status/1810467469879857513 Concentration concern: the 3-month correlation between the S&P 500 and the # of stocks advancing has fallen below the dot-com bubble …

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Asking rents for offices in san francisco hit lowest level since 2015. vacancies reach 35%

Office vacancies in San Francisco hit another record in the second quarter, and rent prices fell to their lowest since 2015, according to Cushman & Wakefield. San Francisco is benefiting from the artificial intelligence boom, with OpenAI, Anthropic and Scale AI signing big leases in the past year. But the post-Covid trend toward hybrid work …

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Crypto price dump leads to hefty liquidations in derivatives market. Lowest Bitcoin has traded in 5 months.

Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears Bitcoin’s price fell under $55,000 for the first time since February. At one point in time, the entire cryptocurrency market shed more than $170 billion in combined market capitalization in the last 24 hours. On Friday, the trustee for the …

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Simply Unaffordable! Home Affordability in the US Sinks to Lowest Point Since 2007, Home Prices UP 35%, Mortgage Rates UP 148% Under Biden (Mortgage Purchase Applications DOWN 12% YoY)

by confoundedinterest17 Housing in the US is simply unaffordable. Particularly since home prices and mortgage rates have soared under Biden. .Owning a house is less affordable for average earners in the US than at anytime in 17 years. The costs of a typical home — including mortgage payments, property insurance and taxes — consumed 35.1% of the …

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Dumb money just went all-in on stocks, while the U.S. economic surprise index has plummeted to its lowest level since March 2019.

2/ Over the last 50 trading sessions, investors have grown increasingly bullish on the market This optimism has reached levels of complacency similar to December 2021 Just months before the market began a 25% drop pic.twitter.com/HvhkblDRMP — Bravos Research (@bravosresearch) June 20, 2024 4/ When many investors are bullish, smart money gets defensive, scaling back …

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Going Down! Economic Surprise Index Slumps In Election Year To Lowest Under Bidenomics (Economic Confidence Has Been TERRIBLE Under Biden)

by confoundedinterest17 The US economy is going down. 2024 hasn’t been a good year for Bidenomics. The Economic Surprise Index is falling to its lowest point in years. The economic confidence index has been terrible since Covid and Biden’s Reign of Ecoomic Error. We need to give Biden the hook!’ And I don’t want The …

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US housing has become the most expensive in history.

US housing has become the most expensive in history: The median sale price of houses sold in the US hit another all-time high of $387,600 in May, measured as a 4-week average. Prices increased 4% year-over-year and exceeded the June 2023 record. Since 2021, the median home… pic.twitter.com/K9ltjcfI85 — The Kobeissi Letter (@KobeissiLetter) May 30, …

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Chinese yuan plunges to lowest since 2023 amid capital outflows, weak growth.

Chinese Yuan hit the lowest level versus the US dollar since November 2023. The yuan fell to as low as 7.2487 driven by capital outflows in China, disappointing growth and fear that the Federal Reserve rate-cut cycle will be delayed. pic.twitter.com/5p7jx0kQcf — Global Markets Investor (@GlobalMktObserv) May 29, 2024 Business with China 🇨🇳 📉 pic.twitter.com/gRKYF5mXBz …

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