People assume the Federal Reserve will cuts rates well before a market crash like they've done for the past 40 years
However, during the last major inflationary cycle of the 1960s & 70s the Federal Reserve was slow to act, only cutting rates when market crashes were almost over https://t.co/ZI6BH3GOSO pic.twitter.com/2MFZAb4Lgk
— Financelot (@FinanceLancelot) July 16, 2023
Big story is that several Carmax insiders just sold 40%, 75%, and 90% of their respective holdings 🤔
Stock has performed well this year so some selling deff makes sense. But these amounts feel excessive.
Loss of faith in leadership?
A signal of what’s to come?
Something else?— CarDealershipGuy (@GuyDealership) July 16, 2023
Morgan Stanley
Ouch pic.twitter.com/FwjeYUhGDW
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) July 16, 2023
Industrial production has plummeted with year-over-year nearing 0%
This metric tends to systematically contract leading up to a recession pic.twitter.com/eXKYuegA5N
— Game of Trades (@GameofTrades_) July 16, 2023
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