Insane.
The current Nasdaq-to-Treasuries ratio stands 70% higher than its level during the tech bubble's peak.
This chart puts into perspective how, despite ongoing issues with Treasuries, the more relevant question now is whether overall equities can remain as overvalued as… pic.twitter.com/CKBWvHPtU6
— Otavio (Tavi) Costa (@TaviCosta) October 9, 2023
BREAKING: Banks are bracing for a recession, per MarketWatch.
— unusual_whales (@unusual_whales) October 9, 2023
Small business bankruptcies has been rising: pic.twitter.com/hWntyFZ0oS
— unusual_whales (@unusual_whales) October 9, 2023
Leading economic indicators divided by lagging indicators has been falling for nearly 2 years. All of the prior 8 times this series tanked like this, the US had a recession. This is the 9th time. Why would this be any different? pic.twitter.com/DBSkzfDBSE
— Jeff Weniger (@JeffWeniger) October 9, 2023
A severe crash in prices is coming for US office properties, per Bloomberg.
— unusual_whales (@unusual_whales) October 9, 2023