Apollo Global Management chief economist Torsten Slok: “Since SVB collapsed, the Fed has been adding liquidity, and the S&P 500 is up more than 10%. The high correlation between Fed net QE and the S&P 500 seen in the chart below suggests that Fed liquidity is a crucial driver of the stock market,”

by Dismal-Jellyfish Source: https://www.marketwatch.com/story/this-incredible-chart-shows-the-close-relationship-between-the-s-p-500-and-fed-liquidity-166542a7 Earnings, schmearnings. Is what really matters just liquidity? This incredible chart, from Apollo Global Management chief economist Torsten Slok, shows the close relationship between S&P 500 SPX, -0.37% performance and net Federal Reserve quantitative easing (QE) since the pandemic began. …

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Canadian housing market will crash

via WSB: Housing prices in Canada are so absurd that young people and new immigrants can no longer afford rent/mortgages. The current rate hike cycle will become the tipping point that pushes thousands of mortgages into default. Already food bank …

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Market manipulation via the options market has reached unprecedented extremes. Highest greed index in at least two years

In this era, market manipulation via the options market has reached unprecedented extremes: Today is quarterly opex. pic.twitter.com/XZJdj9ChtF — Mac10 (@SuburbanDrone) June 16, 2023 https://twitter.com/NorthmanTrader/status/1669638387911860226 BREAKING: Harvey Jones, who has been on the Nvidia, $NVDA, board since 1993, has sold …

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Biden’s Mortgage Market! Mortgage Demand Rises 7.2% In Latest MBA Mortgage Application Print, But Still Purchase Demand Still Down 27% YoY And Refi Demand Down 41% YoY

by confoundedinterest17 The Fed will annouce a pause at today’s FOMC meeting, so don’t look for mortgage rates to do much today. Mortgage applications increased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) …

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Bidenville Mortgage Depot! US Mortgage Purchase Demand Down -27% Since Last Year, Refi Demand Down -42% (Bidenflation, Stalling Economy = Bad News For Mortgage Market)

by confoundedinterest17 Welcome to the Bidenville Mortgage Depot! Where Bidenflation (caused by idiotic energy policies, crazy Fed money printing and insane Federal spending) has caused The Fed to raise rates crushing the US mortgage market. Mortgage applications decreased 1.4 percent from …

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The last time the smart money was this short; the world’s largest stock market fell by more than 50%. Yes, folks, the net short position on S&P 500 E-mini futures is now at its highest since 2007

by BoatSurfer600 Source: sagar Singh LinkedIn A new world record! Bulls, your faith in policy-makers is totally unwarranted. Short-covering in Regional banks has marked every turn in the market since the all time high. pic.twitter.com/HL7efgTOgN — Mac10 (@SuburbanDrone) June 7, …

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So many buyers are going to regret overpaying for their homes the past 3 years. We have 1.3m homes per year coming to market vs 350k net working age adults. Who’s going to buy all these houses?

Without demographics can it ever recover pic.twitter.com/2GkWQ5sEFN — Darth Powell (@VladTheInflator) June 6, 2023 We have 1.3m homes per year coming to market vs 350k net working age adults. Who's going to buy all these houses? pic.twitter.com/IrtD892kDG — Darth Powell …

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The S&P futures market is net-short approaching the levels of late 2007. Rising rates are linked to recessions, both soft and hard.

https://kingworldnews.com/the-world-is-about-to-see-serious-deflation-followed-by-massive-inflationary-money-printing/ Powell can re-define recessions with words, but despite his double speak, he too knows that a recession is already underway. As for recessions, the data is equally abundant that those rising rates tend to correlate directly with recessions, both …

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