This is the last line of support for the Dow. pic.twitter.com/kahGJ1N1hU
— Mac10 (@SuburbanDrone) October 11, 2023
#recession … #Tech Bubble 2.0 edition#semiconductors $SMH $SOX 📉 🥶 https://t.co/xQDHVVUva4 pic.twitter.com/MUhZQCmuIw
— Invariant Perspective (@InvariantPersp1) October 11, 2023
Making matters more interesting is that China’s gov. has reduced aggregate spending sharply over the last year
A contracting deficit is a drag on the economy (Aka more taxes collected and less spending, which is relatively deflationary) pic.twitter.com/tFQePu4gqs
— Adem Tumerkan (@RadicalAdem) October 11, 2023
Cue the Canadian short sales pic.twitter.com/WqOfvttHQK
— Don Johnson (@DonMiami3) October 10, 2023