The real economy is definitely not in good shape!
Almost every time this ratio has crossed below the 4-year moving average, it has signaled either an ongoing recession or an impending one.
Will be different now? pic.twitter.com/hu7259T8XN
— Guilherme Tavares (@i3_invest) October 23, 2024
Said another way, S&P 500 SP500earnings estimates for 2025 have risen by 1.6% y/y, and the PE ratio for 2025 has risen by 38.4% pic.twitter.com/Tc2Ke9mDS4
— Michael J. Kramer (@MichaelMOTTCM) October 24, 2024
Lender Takes Back Manhattan Hotel
– 697-room Manhattan hotel, formerly the Maxwell Hotel.
– Originally the first W Hotel before its rebranding to the Maxwell.
– Transacted for $190mm in 2018 (~$273K/key); financed with $170mm in debt.
– Loan matured in 2021.
– Loan traded in… pic.twitter.com/Io9tqmi97J
— Shashankh Aryal (@aryal1994) October 25, 2024
Back in 2020 an unexpected volatility spike caught everyone off-guard on Friday Jan 24 & Jan 27.
If they're using 2020 as a dress rehearsal that means something triggers the $VIX tomorrow. Durable goods orders?
I guess we'll find out if history is repeating at 8:30am https://t.co/crbl5xZ7wi pic.twitter.com/9rOi7a8k89
— Financelot (@FinanceLancelot) October 25, 2024